#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #summerrally #pullback #50MA #FED #200MA #SLVR #SLVTF #SLV #PSLV ??

Precious metals rebounded sharply after yesterday’s FOMC selloff, with gold and silver both bouncing off their 50-day MAs. However, neither has broken the 2–3 week downtrend. Silver needs a daily close above USD 66 to confirm a meaningful retracement of the pullback. The oversold daily stochastic looks promising, but our 4h stochastic points to more consolidation in the short-term before a decisive breakout could become possible.

https://floriangrummes.substack.com/p/silver-end-of-day-call-for-september