Unlike December Gold, December Silver has paid no heed to a midpoint support at 23.515 created on the hourly chart by yesterday’s nasty selloff. The implication is that the selling will continue at least to the support’s ‘d’ sibling, 23.040.  Gold could wind up pulling Silver higher, but it might be the other way around, with Silver leading precious metals lower.  In any event, we should want to see a bounce exceeding 24.015 before we infer that the bulls have regained the advantage.  As in December Gold, that would creat a “soft” impulse leg on the hourly chart.