it seems like today price has been ending with a nice pin bar so short is a good way to go and if I was trading silver (I am not) I would target fib 0.382-0.681 the leg from 6/2/2016 to 7/4/2016. So i would say lower than 19.44 is on the table.
good luck
DownUnder
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Looks like we are currently following the blue line...bounce off monthly support and heading towards monthly resistance ?.