Silver is back near $61.34, and the market is entering a very interesting phase. Traders are watching a tight intraday setup that could decide the next short-term move, and the latest chart shared by DeepValue Signals points to a descending wedge forming after an earlier rally. Timing is of critical importance since silver has been on a run and markets do not tend to move in a straight line all the time. Having made a move higher early on during the trading session, the silver price is now showing signs of consolidation, from which the next big move will normally begin.