Market Update on Silver (XAG and SLV) 4/19/2018

We have a mini expanding flat developing on price action so if we do not break out to the upside today then expect that price will find its way back to the bottom of the channel to around 17.12ish.

Drilling down to a 3m chart price is confirming that it wants to test the lower bound at a minimum in the short term. The proof of the pudding will be the price action for the rest of the day.

On SLV you can see the marginal step-up but we don't have a pattern we can TA yet to determine direction.