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After today's action, we may not get ONE daily close under 19. The bears had a chance to run it deeper into 18 today, but they fizzled out @ 18.87 then silver started getting bid after Comex close (Globex buying).
Four daily candle *bodies* in a row repelled by 19 sofar, despite the efforts:
Nowhere near out of the water though, many obstacles and new shorts as well as longs to be fleeced at this precarious juncture of the battle:
Also, here is an excellent weekend precious metals/miners technical report from Rambus' blog (too long to repost) with many charts concerning this precariousness:
Weekend Report...Potential Precious Metals Meltdown Scenario
by Rambus Chartology | Tue, Sep 9, 2014
http://www.safehaven.com/article/35075/weekend-reportpotential-precious-metals-meltdown-scenario
Four daily candle *bodies* in a row repelled by 19 sofar, despite the efforts:

Nowhere near out of the water though, many obstacles and new shorts as well as longs to be fleeced at this precarious juncture of the battle:

Also, here is an excellent weekend precious metals/miners technical report from Rambus' blog (too long to repost) with many charts concerning this precariousness:
Weekend Report...Potential Precious Metals Meltdown Scenario
by Rambus Chartology | Tue, Sep 9, 2014
http://www.safehaven.com/article/35075/weekend-reportpotential-precious-metals-meltdown-scenario