boyz say 18.23 for silverin precious one of the biggest players is canada's scotia, so they are part of the 'boyz' and yesterday they said this:
Technical Commentary-
Gold closed unchanged today at 1244. Momentum is downward, with the ADX in strongly trending territory at 31.78 and strong negative directional movement. RSI has yet to reach oversold support areas, and we think a test of the 1180 major low is likely.
Silver closed higher today at 19.99, holding support in the 19.88 area (the 76.4% retracement of the July-August uptrend). Still, momentum is downward and we expect at test of the major low at 18.23. Resistance is at 20.85, the 61.8% retracement of the same uptrend.
The gold-silver ratio is trading lower at 62.21. Support is at 61.06, the 38.2% retracement of the July-August downtrend. Resistance is at 63.50, the 61.8% retracement level. We are bullish the ratio.
cheers!