Silver stabilized above Linear Regression Indicator 34 and 55 which is positive. In fact, trading above 15.00 is positive intraday and favors a bullish correction before extending the downside move, whereas the price touched the support of the downside move earlier then rebounded to the upside.
A break above 15.84 is significant today to confirm extending the bullish correction in order to confirm a positive crossover on MACD, and push RSI to breach line 50 to the upside. Of note, breaking 15.00 fails the positive expectations intraday and cancels the correction possibility and continue with the downside move.