"Summing up, the situation deteriorated yesterday, but not very significantly. We still have to see the invalidation of the silver’s breakout in terms of weekly closing prices before we can say that the corrective upswing is (very likely) over. The move below the declining support/resistance line is bearish, but not extremely bearish just yet. The breakdown in gold was just confirmed and mining stocks seem to be continuing to lead metals lower – likely much lower. The overall outlook for the precious metals sector remains bearish – it seems that the final bottom is still ahead of us."
https://www.sunshineprofits.com/gold-silver/gold-trading/2015-05-29/?utm_source=premium_gsta_newsletter&utm_medium=email&utm_content=gsta_link&utm_campaign=regular_mailing