The silver market is selling into a congested price structure. So long as the market stays above $21.50, it will probably not lead to an accelerated sell-off. I’m hearing from folks familiar with the physical silver market that there is a slight increase in physical silver demand at these levels $22.00 area. As I have stated already, options might be a better approach for those looking to test the market. A close over $23.50 will set a stage for another uptrend from a technical perspective. Another indication that silver will hold the current level is inflation and other commodity prices. Higher commodity prices and inflation uptick will garner enough support to keep silver stable in these areas for a tad longer. Please reach out to me if you would like to discuss this in-depth.