June 8, 2020 - (Gold Market Wire) - Silver has had a small pick up since last week's sell off. With Gold just managing to stay above the $1683 horizontal support on Friday's close, the precious metals market is settling down. Is Silver about to try another run? Let's see the chart for the parameters.

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It took some nimble footwork to miss the downdraft last week, but the action this morning is supportive for Silver. The power downtrend has been surmounted, albeit only intra-day, and the three week uptrend has held. $17.68 is right where we get short-term horizontal resistance, and its an important marker. Let's see what the US opening brings. We could be getting close to a set-up for length.