Interesting
I just ran Trades famous "modified macd" #'s for the weekly chart on Barcharts.com and it has a bullish crossover that has held (just barely) on this recent plunge. Fridays rally saved it from crossing under. Sorry I can't upload it and show it here.
And there was heavy buying of silver miners Thursday ahead of the rally. Miners have been diverging for quite a few days now.

I can see a scenerio where this small bounce is going to turn a lot of longer term signals bullish one by one because so many indicators are on the edge. This could have a self-reinforcing effect of bigger and bigger rallies because so many of these closely watched indicators are lined up now for a turn.
And then it should break this downward wedge and have an incredible rally then.

It is really amazing how so many are soooo bearish on metals, even the perma bulls on the silver websites are almost all bearish. I have never seen this before.
All this negative sentiment along with charts diverging.
Seems ripe for a big rally.