 |
Something strange happened yesterday. Silver was up nicely until 1230pm yesterday and then sold off hard along with Gold. After 4pm it was just up a couple of pennies. Then it started to rally into the evening and has held those gains overnight and is up about 50 cents. This action is not what we have grown accustomed to over the past month or so. Its only one day, and I understand that, but its encouraging none the less. Silver needs to take a run at the 50dma then go sideways above 37.5. If it can keep making higher lows we should get through the 50dma in a couple of weeks. |
No comments:
Post a Comment