Silver’s major reversal pattern, which, like gold’s, is a Head-and-Shoulders bottom, is different to gold’s in the detail that it is flat-topped – the “neckline” or top boundary of the pattern is a horizontal band of resistance. Otherwise they are broadly similar in meaning, which is hardly surprising as gold and silver are “joined at the hip”, the big difference from an investor’s point of view being that silver is a leveraged play on a gold move.
