July silver futures a selling opportunity on more price weakness.

See on the daily bar chart for July Comex silver futures that prices have seen a pause after the big sell off seen just recently. This pause is not bullish and suggests the bears are preparing for another downside price assault. A move below technical support at $22.48 would provide the bears with fresh downside momentum and it would also become a fresh selling opportunity. The downside price objective would be $19.00 or below. Technical resistance, for which to place a protective buy stop just above, is located at $24.00.

July Silver Chart