Overview 

Proceeding from today's H4 chart, silver takes a slightly downward movement after it has bounced from the Resistance level of 29.05 and presently it is testing the support level of 28.60 trying to break it. If silver continues its downward movement and breaks the support level closing 4H below, it will be a good opportunity to sell enabling to reach the Support level 28.05, then we should wait breaking this Support level to continue the bearish move.
On the other hand, if silver cannot break the Support level and close above 4H, this will be a strong indicator for a bullish movement to reverse its downward movement enabling to reach the Resistance level of 29.05. If silver is able to break the Resistance level this will indicate bullish strength providing new buy-signals until reaching the Resistance level 29.60.
Based on today's H4 chart technical indicators provide bearish movement, but as long as the Support level 28.60 is unbroken, the upward trend is still expected also invalidating the bearish outlook. Therefore we should wait for more confirmations before making the decision.

Resistance and Support Levels 

R3(29.90)

R2(29.60)

R1(29.05)

S1(28.60)

S2(28.05)

S3(27.45)

Trading Recommendations 

According to previous analysis we recommend selling after closing 4H below the Suuprt level 28.60 with TP1 28.15 and TP2 27.65; SL closing 4 hours above the Support level.