My last post about the metals was last Tuesday when I stated that the typical Tuesday takedown would probably carryover into Wed., see a bounce, but we would not be out of the woods for more downside until AFTER this Tuesday, the 26th’s expiration of the April options on the the futures contracts. That continues to play out. A look at the charts shows that silver is likely to hold up better from here since it already had the larger percentage fall last week, as usually happens. Gold is trickier. It can either also hold around here near the 50 day or get smacked down $100 dollars to the 200 day. Since I am bullish on both metals(and they are still in bull markets until proven otherwise, by breaking below the 200) I expect them to hold up and resume the uptrend next week as we begin the new month.