Silver down very hard

Silver felt very hard last week, this was the biggest fall on silver since 27 years.

For first half of the week, silver was trying to break above weekly pivot and 200 SMA. This didn't work, so it felt down hard. What is interesting, the fall stoped at monthly S3 support. It's great that pivots works even when it comes to deal with such a dramatic moves.

Silver, 1 hour chart: