Today Silver has exploded to the upside breaking through the resistance level at $16.6 we mentioned on our analysis on the 05.08. Now this leaves the path clear to our first target level at $17.3 with Silver already at a level not seen since June 18. We therefore are holding our long position in anticipation of further upside in particular due to the ongoing trade war and fall in equity markets. However, we would not want to see the market drop below the support at $16.6 which could occur due to a strong dollar and hawkish comments coming out of FED