There is support for SLV at 18 as it is a previous low and its down 25% from the high at 24 (a 60 degree move in the Gann circle). I'm not comfortable with all the manipulation in the paper markets with gold and silver and the move in the bond market isnt exactly inflationary,so it is possible that support could break.I am still very bullish on the PM's on any long-term view but wouldnt buy this unless it regained the moving averages.
My suspicion is that gold and silver will make a very significant bottom this month,based on the "natural time" cycles that have been so dominant
My suspicion is that gold and silver will make a very significant bottom this month,based on the "natural time" cycles that have been so dominant
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