Solid Purple Lines mark key areas to visit. Closes above green line we go up. Closes below red line we go down. Staying Below the Solid Lighter green line is key to continuation down.
Silver has reached an important area on the high time frame and it is important to watch what it does here. If it closes below the current level breaking the trend a huge move to the downside can be anticipated. This can also be used to shed light on the possible direction of gold which has seen significant bearish moves recently.