Silver $XAGUSD started 2018 in consolidation mode, then revived the prevailing downtrend, and finally stalled against above $14 since September. XAG/USD Daily Chartclick to enlarge)- From the daily silver chart, we can see the 3 modes silver has been trading in, since 2017.1) A triangle since May 20172) A bearish breakout leading a bearish swing in June through August, 20183) A sideways range since September roughly between $14 and $15. Double Bottom?- With price stabilizing above $14, it looks like Silver might be forming a price bottom.- The fact that the RSI is breaking above 60 is a sign that the prevailing bearish momentum (June to September) has dissipated. - A break above $15 would complete the price bottom.- Also, if price starts to pivot above $14.40 as it started to do already, the price bottom would look stronger. - Above $15, there is first upside to the $15.40-15.60 area, which tests a previous consolidation area in late July-early August. The 200-day simple moving average (SMA) is also here.- Next, price would open up to the $16.30 area, which represents the bottom of a consolidation period throughout the first half of 2018.