Possible scenario for Gold/Silver ration. If it happens than since Gold has broke out from consolidation while silver has relatively remain calm due to Gold/Silver ratio. If Gold from now corrects and came down than Silver will come down faster. If silver reaches 16.35-16.5 than it will be great opportunity to go long on silver.
Comment:
Bounces from low. May retest trend line before further move down.
Comment:
Retesting of old assending triangle is taking place before bear take control. Silver has reached important place at 16.35 old strong resistance now support.