Will Silver Start Falling?

For the past few months Silver has slowly been moving to the upside, and recently it reached 17.70, which is a pretty strong level of resistance visible on the monthly time frame. So far it has not been able to break above this level and now it appears it may bounce off it, because it has formed several very telling candlesticks on the daily time-frame, namely a pair of shooting star candlesticks as well as a doji one. They can be interpreted as a signal that the move to the upside is exhausted for now, and that Silver may start dropping soon. If Silver does start falling it will likely reach the support at 16.00 – 15.90 again, and a possible breakout below that level could lead to a further drop to 15.00.