Gold & Silver Short Term Bearish

A while back I wrote about how gold and silver had formed reverse head and shoulder patterns and broke out. Right now it looks like both gold and silver are falling short term.

Silver:

Silver in a bear flag.

Gold:

Gold is in another bearish set up, consolidating right under its MA 200.

Both of these charts need to wait for confirmations to confirm this setup. Medium and long term I still think that gold and silver are both locked in their ranges ( gold $1525.00-$1725.00, Silver $35.00 - $26.40).