GLD/SLV

Today and over the last several days, both PMs have been acting in unison. Right now they are each forming bear flag consolidations (a negative consolidation that implies another leg down is coming).

GLD

 Here's the bear flag in the white box, volume looks good.

 So far  we have positive confirmation

H

 Here's the trend channel stop

 Another bear flag in SLV

 SLV is showing confirmation, so there may be some more upside.

The trend channel stop . Also ADX has turned down showing the uptrend in SLV appears to be done for now.