Hello Vipin,
Thanks for your advisory. Gold has retraced its gains of the bull market from the lows of 1999-2001, and is now below 200DMA of $800. Once it breaks $780, it could test $738 (38% retracement). But silver has retraced 50% of its bull market.
Do you have any idea why silver is dropping faster than gold? Will it be the first one to rise? Usually such a fast drop is associated with an impending recession I am told. What's your take on that?
Paresh