Silver is rising within the trend channel both in the short-term and the medium term. After breaking the wedge formation which started with WallStreetBets mania and re-testing the upper line, silver formed a bullish trend channel since the start of April. As long as the price stays above the lower line, bullish bets in favor of the metal may continue. As shown in the chart below Silver ETF selling started to stabilize too. If ETFs’ position starts to increase again this may give Silver a strong push. But the biggest test for the Silver will be the dollar index and the possible FED tapering fears. Below 25.69 pricing can be dangerous for the Silver which may lead to around 25.