GLD, weekly
SLV, weekly
Summary
Last week was a pretty clear reversal, and that has been entirely confirmed with some significant downside follow through.
Gold and Silver are both on the slide, and we're back to the question of whether the 2013 lows are going to be broken.
All things considered, I hold to my original outlook, and look for a capitulation low in Gold, somewhere in the $1000/900s, with Silver 12/10. All those who are hyper bullish Silver..should go stare at a Copper monthly chart for a few hours.... it ain't bullish.
