Technical analysis of Silver for June 10, 2014

 Technical outlook and chart setups:

1. Silver is facing resistance around the $19.20/30 region as seen here. A push higher could see $19.40/50 levels coming into play; also note that the resistance line is passing through the same region which could trigger a bearish reaction.  Recommendation for now is to again remain flat.

2. Support is at $18.80/60, followed by $18.20 and lower, while resistance is seen at $20.00, followed by $20.40, $21.70 and higher respectively.

3. The structure indicates that Silver shall remain in control of bears until prices stay below $20.00 levels. 

Trading recommendations:

Remain flat for now.

Good luck!