The bearish alternative :
On the bearish alternate view on the daily chart, Silver has completed the corrective wave 2. currently, it appears that a bearish leading diagonal formation as the initial subsequent of decline ahead, could be completed. And hence, Forming the five-waves sequence down, conceptually would indicate turn to the downward in a persistent trend.
A bullish alternative :
Under a bullish alternate view on the daily chart, Silver may be completed a five-waves sequence as the wave (5), and hence the bottom at 14.15 could be the terminus point of the wave (5) of A(circled). Base on the bullish view, the overall five-waves sequence from peak of 50.97 to low of 14.15 is probably correcting.