Silver Found Resistance at 17.20

The relatively steady move to the upside for the past two days which was part of the overall bullish trend has finally halted for now as Silver found a resistance at 17.20 and formed a pair of candlesticks on the four-hour time-frame indicating a possible retracement at the very least, if not a reversal. Namely, there is a doji candlestick as well as a very clear hanging man candlestick below the aforementioned resistance at 17.20. Considering that signal there will likely be a move to the downside towards the support at 16.80, which coincides with the (MA)89 indicator on the four-hour time-frame. If or when Silver continues rallying its target to the upside is likely 17.35, which is the same indicator, but on the daily time-frame.