BofA Merrill Lynch notes:
The year-to-date silver consolidation is nearing its conclusion. Get ready for one last "(e" leg up, which should not break the May-18 high at 17.79.
We will look to sell that rally for a resumption of long-term downtrend to 13.36, secular trendline support. Below the Mar-11 low at 15.29 says the long term downtrend has resumed.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



