The price of silver $XAGUSD has been consolidating around the $16.50 mark since early 2017.XAG/USD Daily Chart(click to enlarge)Triangle:- The daily chart above shows how price has been consolidating sideways, and has been developing a triangle (lower highs and higher lows, since July 2017.- As we wait for the breakout, there is some bullish bias that developed in 2018. - The RSI almost tagged 70, which shows "almost" some bullish momentum.- Then, the RSI held above 40, which shows maintenance of this "almost" bullish momentum.- Let's see if price can hold above $16.50, which would also be a sign of bullish bias. - A break above $17.50 would be a bullish breakout, which would open up at least the $18.50, 2017-high, as well as the $20.00 psychological level.