Gold Simplicity, Silver Slammed
The gold chart below gives a really good perspective, As Patrick has said, ignore the noise. As far as silvers takedown today – it wouldn’t surprise me to be around $18.50, maybe more by Friday (and remember, that’ll be the monthly close, so pretty important).
Edit: Silver bowl/arc and GDX charts added
Has Silver broken its Support Cup NS ?
Silver and GDX charts added 🙂
Its driving hard for the 18.50! Yep.. “reduce noise” is fast becoming a clichy, but is soo true. Let things play out is my advice also for now.