I'm bullish on gold but kinda bearish on silver, short-term. So, I'll be proven right and wrong.
Gold looks poised to test $1700 in the next two weeks based on this chart:
But now silver. Starting with the old weekly chart, note the 34-wk MA (pink) has entered the channel at $35, so we can expect that level to be very strong support from here. And that's good news, because if silver stays in that trend channel, broken in 2008 and resumed in 2011, it's doing really well.
But now look at his daily chart starting from last August, when silver started its explosive ascent to $40. The blue trend line was strong support until mid-June (only one daily close just beneath it, in early May). We've tried to get back over it several times but it's proven to be strong resistance. So, my gut tells me that a test of the $35-$36 level (which would still keep it in the long-term trend channel of the weekly chart above) looks more likely than not. Wynter Benton, call your office, basically.