As shown on the Silver Mcx Chart, Silver is currently trading around 114000 mark which is near its resistance area .
Previous swing high is aroung 116500, from where price dipped quickly and corrected to 109000.
109000 was Strong support zone as shown on chart and trendline support zone also, so price bounced from that zone.
After healthy bounce from 109000 silver price reached around its supply zone , which is 115500-116500 and second time returned from that area.
Supporting and Resistance trendlines drawn on Silver MCX chart , So plan Your Trades accordingly.