The silver markets fell rather hard during the trading session on Thursday after testing the $18 level. This is a large, round, psychologically significant figure that of course will attract a lot of attention. At this point, the market also is testing a gap from back in February that sits just above the $18 level. After reaching towards that area, you can see that we have pulled back quite a bit. The open pit session closed at roughly $17.40, and it looks like we have further to go to the downside. There is a gap underneath that still has not been filled yet, which is closer to the $17 level. Because of this, I ... (full story)