Silver Rolling Off the Cliff

Silver has begun to complete its correction after obtaining the high post BREXIT. Similar to gold, silver is currently in a bearish trend. We have broken technical trend resistance some 5 days ago, but silver has been hanging around a little bit with gold as the bulls take their time to lose confidence.

Also similar to gold, we are long term very bullish, but there must be a consolidation on this movement before any further upward movement can continue.