Initially dipping towards $27.70, the silver market bounced back, indicating buyer interest. The $28.50 level is crucial, and surpassing it would favor buyers, raising questions about the $30 level. The market is considered choppy, with a potential impending significant move prompting anticipation of increased market activity. The $27.30 level has strong support from the 50% Fibonacci retracement level and the 200-day EMA. Silver’s future movement hinges on industrial demand and US dollar performance. With limited economic news on Monday, silver may experience a slight upward trend due to reduced trader anxiety. Given silver’s volatility, conservative trading positions are advised.