Silver and Gold Targets

We all have our way of looking at chart patterns and projecting where we think a chart is heading. Given the sell off in the precious metals sector last week I think it's a bit of a game changer in terms of where gold and silver are heading in the short term. I may be way off in my targets but if I'm going to buy into a massive sell off I want to make sure that I'm getting a bargain. The metals may bounce next week, but the levels that I would like to see them fall to where I would consider them a screaming buy are as follows: Gold $1517 Silver $22.45 These targets will fluctuate as the charts themselves shape up over the coming weeks…and quite frankly…at the rate silver fell on Friday we could easily hit my target if more stop losses and negativity hits this sector. But there does seem to be support for silver in the $30′s level as well as $26 from when Eric Sprott opened one of his funds. I had to view silver on a ...