GF - looks to me like the last downtrend needs to be re-drawn
On another note, wrt the price action in silver, it has needed to correct from the heavy falls in late 2008, hence its corrective action to the upside is still in progress, gold on the other hand corrected a while ago and has exceeded the previous highs. Just my opinion fwiw, but i would also add that i would be very suprised if we fall bellow the high 16$ region and that the silver naysayers on here will be wrong yet again