Silver Tuesday 18th March 2014

Silver looks like it is aiming for its first major support level at 20.5 - 20.6. Yesterday was a bearish day and I can now see some sort of correction back to these levels before a possibility of a further push up to take out the most recent high of 22.16.

I am not trading Silver at the moment as the picture is not clear enough for me and the RR would not be within my rules of trading.

However if I were trading a demo I would be short right now to 20.5.