The MACD is declining after completing a bearish crossover in positive territory. Crossing into negative territory could send price lower. It would have to form a higher low to see price recovering. Having said this, the longer term uptrend, at this point in time, is very much intact.
I would look out for a basing process before buying more.
Gold and silver do well when there is a lot of fear in the air. With the governments of major economies dovish with signs of more monetary easing, equities have gained favour. Risk is on again.
