Silver has fallen more than 10% since we went short and continues to follow the descending channel as expected. This is what naturally follows a bearish turn within a descending channel. Meanwhile, the silver-to-gold ratio has also broken down as expected, alongside the decline in precious metals—as discussed previously, gold struggles to develop a sustained move without confirmation and sentiment support from silver. Watch price structure, but also cross-asset confirmation. This is key to macro trading.

Silver: this type of coil is one of the patterns that can precede an extended run. (remember the pothole repair area that comes in starting 6243?) trade above that area = confirmation.

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