Ronbo do you ever count the bars on a chart? Have you carefully watched the move in a market higher highs and higher lows in a up trend. Do you pay attention to open high low and closes on the bar chart ?

How many days has silver moved up? How many days has silver corrected since the # 2 point high was made ? Silver has not rejected anything. The trend is still intact. Do not worry about a top but keep watching the MACD and the RSI The market will show you the top when it's ready.

This first correction from a 5 day move to the ups side is to be expected and allows a entry point. I would not enter here if you have a very small trading account taking another position again just yet with exceptions using options . My guess is a few more days of correction may happen.

Understanding the anatomy of a bar chart is most important in picking market direction. Tech studies is ok but not near as important as the price action on the bars.

Happy trading

USCoralSea