Silver Now Triggered – As Well
Following gold’s trigger at $2530 yesterday, silver has now reached and exceeded my $30.25 trigger level. It is now on it’s way towards it’s earlier yearly high around $32.50+.
All signs are higher from here. It would not be surprising if next week’s FED interest rate cut leads to some type of “sell the news” correction. Let’s see what the charts look like when we get there?
Silver blew right past your trigger. Didn’t even wave…
Another marker by a popular strategist is saying if it closes today above 2540 it is signaling a move approaching $3,000 and it could be rapid due to the mechanical short covering aspect. Yes, I would love to see the banks get squeezed,
Just as gold did yesterday. That is why they were trigger levels. Once triggered it is, away we go!
As expected today the shares are lagging. Sigh. It just never ends…