Silver Monthly and Weekly
As noted in the weekly report (9th April)...
My view is that Silver has reached a top in the secondary cycle, and I'm looking for the trend to rotate back down...
There are two possible patterns....
Remain within the Weekly levels over the next 3-weeks, and then push upwards from MAY, and make higher highs
or
Continue with a larger trend reversal, back down 31.06 to 32.41
For the latter to occur, it will need to break out of the Weekly lows @ $36.00