Expect continuation of uptrend once the correction is complete. Silver did bounced off prior support levels, also an area of confluence (see 1-hr chart comments below).
That prior support level rests just above the 180-day EMA. The white metal finished the New York session strong, with fresh bids and formed a *long-tail* Doji, a reversal candle pattern. The long-tail was a failed attempt to close below critical levels.
OUTLOOK: Watch for the market to naturally correct (pull-back) within the trendline and Andrew’s pitchfork. Buy on the bottom end of those key trends and successful test of supports. Peel profits @ prior resistance 43.97.
Any break of the trend below critical levels should be sold into. But profit must be taken quickly if no volume is behind the sell-off. Prior support @ 40.615.
Watch for minor supports and resistances between those key levels.