According to the bearish outlook :
Silver appears to have corrected the decline of leading diagonal wave i of circle degree, in three waves up as the second wave of the same degree. And now, the following third wave of impulsive wave 3 is likely ahead.
Fibonacci targeting :
Retrace to the Fibonacci 0.618 level at 17.28 and the Fibonacci 0.5 time ratio, could be an adequate retracement in the second wave position.