Silver Reaches 38.2% Retrace of Drop from 2011

Pay attention to silver at 25.12-26.23. This is the September 2013 high, 2011 and 2012 support, and the 38.2% retrace of the decline from the 2011 high. If this freight train is going to stop for at least a short while, then this would be a good range to provide resistance.