Silver Prices’ Turn LowerSupport Levels in View

Silver is already very near its own December trend-line, and with that if gold doesn’t soon find a bid then neither is its sibling metal at an important line of support. Ideally, for a long trade we see gold hold and silver put in a reversal off trend-line support. If gold drops below noted support towards the December trend-line, a continuation short-trade may develop in silver towards a back-side test of the July trend-line, with no solid price support until the March swing low at 16.84.