Silver seems to have halted at support near 21.96 and is ready to challenge minor resistance at 23.43 and more importantly resistance at 24.70 that will be a strong indication that silver is ready to move impulsively higher towards 30.00 and ultimately towards the all-time high at 50.00.
That said, as long as resistance at 24.70 is able to cap the upside a final dip closer to 20.73 can't be excluded, but that is not our preferred outlook for silver.
