The ATH for silver, like I mentioned last week in the same counter sharing session, has since been breached. The next step is to make sure silver price stays above $50! Then, maybe $55... it is as simple as that... breaching is always easy, the building up of resistance is crucial. That is energy is built to be ready for its next leg up.
I have read increasingly number of posting that silver price has gone up for way too long with many indicators pointing its slowing momentum. Many predicting a reversal on the way. They definitely are not wrong with those assessments. Curiously, it appears to me though that many of those appear more like silver haters than simply coming from a technical or fundamental perspective. On the same breath, I also started picking up more glowing assessment of silver from traditional technology writers. I like them both, as it goes to show that silver is slowly moving into mainstream. There have been more awareness of its place in the new technology space, not just as a store of value.
Finally, thanks to Trump and 🇨🇳, silver and precious metals in general is able to continue their wonderful runs. The day of correction will come, but they are all consolidation rather than sell offs. Every consolidation just goes to make the next leg up stronger...
I am looking forward to my next sharing in the +$1000 post... or the ever agony of missing it... [Tongue] [Facepalm]
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will roar back and catchup with spot and agq will move accordingly.