Silver price has completed a price top and could be in a bearish reversal, or at least a correction in the medium-term.Silver (XAG/USD) 8/30(click to enlarge)Price top:- The 4H chart shows that silver price was bullish entering July. - After tagging 21, silver price consolidated sideways between that high and a low of 19.20.- Price broke below this consolidation low August 21st. SMA:- Note that price has broken below the 200-, 100-, and 50-period simple moving averages (SMAs) in the 4H chart.- These SMAs have also gone from a bullish alignment to a bearish alignment. (Now, the 200SMA is above the 100SMA, which is above the 50SMA) .Support and Resistance:- Price is stalling around 18.50 to start the week. - Notice a bullish divergence between price and the 4H RSI.- If price indeed finds support here and develops a bullish swing, consider it a correction against the new downtrend. - If this scenario is correct, we should expect resistance in the 19.20-19.50 area - that is if price manages to push above the current resistance pivot at 19.00.- We should also monitor the RSI. If the market is indeed turning bearish in the 4H chart, we should anticipate resistance when the RSI is around 60.Downside risk:- There is some further downside risk to at least 18.00. - Further down, price could reach to 17.00, where silver could be supported by a rising trendline seen in the daily chart.Failure:- If price fails to hold below 19.50, breaks above 19.60, and holds above 19.00, we should consider the bullish continuation scenario, or at least another push towards the 20.50-21.00 area. Silver (XAG/USD) Daily Chart(click to enlarge)