The support broke less than two trading days ago and today silver hit 26 $, that's right, TWENTY-SIX - i. e. silver has lost one third of its value within less than 48 hours!
During the crash in 2008 silver lost about 60 %. If this happened again today the target would be around 20 $:
Next support level is around 26 $. If it breaks we should see another sell-off into the low 20's. Resistance is at 33ish.
