It looks like the .250 node at or around 12/19 (Friday) or 12/22 (Monday) might be a playable bottom in $SILVER. Worth watching...Should show up on the bottom chart (1.272)...It looks reasonable that it will strike and bounce off of the ascending blue trendline on the 1.272 chart at around $6 a oz., give or take a little bit...
As in the case for $GOLD, here's the node dates for $SILVER:
Date: Price:
.250 (1.272) 12/22/08
.250 (Average) 02/05/09
.250 (1.382) 04/13/09
.500 (1.272) 12/11/09
.500 (Average) 04/15/10
.500 (1.382) 10/15/10
Note the similarity in node dates between $SILVER at 04/13/09 and $GOLD at 04/29/09..., Close enough to be interesting...
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