Here Comes the Gold & Silver Waterfall

imagesAfter trading up to the top of their recent respective trading ranges over most of the week, gold and silver were capped at $1680 and $31 overnight, and have just been treated to another waterfall decline.

Silver was smashed .80 to $30.14, and gold nearly $25 to $1654.

 

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Slave Queen 2

 

Notice the classic mini-vertical spike just prior to the waterfall take-down:

silver

 

Gold saw the same vertical spike through $1675, and then the waterfall raid which has seen the metal touch $1654

gold