Loading ...Silver Waiting For The Jobs Report ?
Of course it could break down from here, but it’s starting to feel like the proverbial ‘beachball being held underwater’ with yet another bullish looking wedge forming at this ‘decision point’.
EDIT: Those jobs numbers were surprising and PM’s are getting knocked back as a result.
Starting following Graddhy recently on Twitter. He sees mega cycle lows put in via FBO for copper and oil. From what I gathered.. silver price action is closely linked to those commodities. I always thought 2.60 copper and 45 oil would be a strong spot to slow down of even reverse the trend… anyways… whos wrong? Silver “should” be following those 2… so intriguing. The daily noise confusing me some.
Shorter time frame noise is very distracting, but the bigger picture is very, very bullish for silver. For me it’s a case of sit tight and be right.