Metals » Silver 1470 level + weekly bearish

Martin wrote in the market update 1th April:

Zitat

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Indeed, if silver break the 1470 level, we are looking for a serious thrust downward. Once we start to elect Weekly Bearish Reversals, the bull trap is confirmed.

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Is this a daily bearish reversal?
Maybe corresponding to the daily bearish in Gold given recently on the Socrates Blog?

The next bearish weekly reversals I have are from the Gold Report update Sept 2015. Are they still valid?
I've not seen any new weekly bearish in Silver since then (also not in part 1 of the new Gold report).

Thanks

Zitat von DigiLab

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will and to what extent that momentum of silver going down be also projected in Gold (or vice versa), yet to see. Far more likely than not, it will be projected. But to what extent, ???

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yes, Gold will take the lead and silver will (more or less) follow. Since Silver is weaker than Gold (according to Martin), I assume that there will be more downside than what it usually is. So e.g. if Gold goes down 1% then Silver often goes down 2% and at the moment it might be 3-4% (only to the downside).
As you said, there is a directional change in Gold for April with rising volatility and still a small panic. So it looks like fun the next 4-6 weeks (presumably to the downside), then a turning point is coming in May.