Silver

Free fall

I think 1660 can't hold like 30.50 can't hold. Because daily stochastics still not oversold for gold and weekly stochastics very long way to go to oversold area. I'll surprised if 1630 holds. Also weekly MACD just pointing down. I can't tell exact bottom area. Only thing we can do is wait for weekly indicators get in oversold area. Then it will stay there for few days. Finally it will point up. That's the BUY area. 

I have a bad feeling

We must be careful about this monthly chart. We already had big movement from 1523-1798. Nearly 300 dollar movement. The thing is monthly stochastic is already in overbought area. Monthly MACD is losing it's steam. We know they printing loads of money. It should be positive for gold price. But they're still controlling  the paper market. So they can slam the paper price with those newly printed fiat. This is my suspicion. Month December might be down. So be careful if you're trading paper gold or silver.