After making its big move, silver has once again digressed back into a sideways trading environment constructed from a few significant technical levels on the chart.
The most relevant of these pivots will likely be the 21.110 level of support. Above here, price will likely move freely up to the 21.278 – 21.335 area before encountering any sort of additional selling pressure. On the flipside of the equation, 20.966 is in initial support in the event of a decline, followed by the more significant 20.760 – 20.805 area on the chart.