#silver #silvermining #silvertiger #mexico #preciousmetals #bullmarket #correction #bearishembedded #CPI #50MA #SLVR #SLVTF #SLV #PSLV ??

Silver remains in a bearish setup. The daily stochastic is bearish embedded, reinforcing the prevailing downtrend even though silver is quite oversold. The best-case scenario would be a double bottom near USD 58.50, but there is currently zero confirmation to support that view. If silver fails to bounce from around current levels, the summer lows around—and potentially below—USD 55 are likely to come into play.

https://floriangrummes.substack.com/p/silver-daily-call-for-october-14th-685