Have a long hard look at my weekly $SILVER chart in my big picture post on PM linked below. Look at the support lines and how price have interacted with them, that explains exactly why the daily looks like it does right now.

And sentiment on the weekly is at bottom level at this pull back low; we are soon going up after having completed the last BT to the extended trend lines belonging to the massive falling weekly wedge.

We also got a weekly hammer last week when it tagged the extended inverse h&s neckline one last time.