Which Channel is Silver Trading In?..We Will Find Out Soon!!

Silver has been pulling back from its June Highs without much support...It looks like we are getting very close to a strong area of support around the $21.80 Level..This is the Middle of the longer term Channel...Similar to my Gold chart I posted today...If Silver breaks down through the middle of the chanel and closes the day or week below...then will have to go with the shorter term channel and a test of the bottom of that channel to a price of around $20.00. I would be watching Gold to see if it has a nice bounce on Monday....If not then I could see both of them breaks their repsective support lines and continue to fall to the next level of support..Silver will fall more twice as much as gold does on a percentage baisis...But when they reach their bottoms, Silver will outperform gold to the upside about 5x