SILVER Continues a Meaningless Consolidation

SILVER normally trends downward in Q1/Q2, before cyclically bounding into a bullish run from Q3 and into the new year. Sustained fears of Coronavirus and low risk appetite keep SILVER hovering undecidedly between $17.60 and $18.20, with strong price rejection @ $18.80+ back in early January and plenty of support at $17.50 reminding us of this tunnel's ceiling. Still projecting SILVER to rise in Q3 past $19.00.