The chart below shows Spot Silver ($SILVER) consolidating after a sharp decline. Notice that the metal fell from 35 to 19 and then traded flat from June 2013 until now. With lower highs taking shape, a descending triangle has formed and this is a bearish continuation pattern. A break below support would signal a continuation lower and project a 26% decline from the support break. Chartists can mark resistance at 22.
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