I am going to go long on this chart, Silver is touching a very strong support level, 16, the RSI is touching 30% and it at the low end of the Bollinger bars, but I will not take a long position until it shows a much strong sign that it going to respect the 16. If the support is a true one the chart is going to make a W pattern, my entering point will be 16.20 by no long of the 7 of this month. The only think that I really dislike is that the price broke the long run trend line

CONCLUSION

Be aware of the resistance of 16 dollars per Ag if it brakes it be Short it, if not lets go por a W pattern