Silver daily MACD
Even with silver up 50-60 cents so far today, we still don’t have a positive cross on the SLV daily MACD, which I have been waiting for to confirm a low. We may need to wait for positive follow through tomorrow, but I have my doubts that we will get it. the 50 DMA is getting very close to positively crossing the 100 DMA, so it is a golden rug pull opportunity. Maybe I’m being too pessimistic.