Feb Gold has already broken below the same pattern as Silver. A close below $1680 on Gold would see a sharp selloff to $1650 support or the Fib 61.8% retracement level of the May to Oct rally at $1640. Precious metals are not acting well presently. The 1st 1/2 of Dec is typically weak for Gold and then prices historically rally well into Jan/Feb. Silver tends to be strong in Dec right into Feb. Bottom line: $1680 must hold as support with Feb Gold to avoid a breakdown that would see some liquidation of long positions.