Silver at $28.65 presently It has to crack $30 and hold to…
Silver at $28.65 presently
It has to crack $30 and hold to complete a base consolidation started in August
If it can't complete this base, the squeeze will not be successful in the short term. Continued physical accumulation will work eventually.
Replies
The #SilverSqueeze stakes are huge
The Federal Reserve may be more worried it fails because if silver doesn't breakout, it could crack the inflation narrative
I'm focused on copper
It is currently oscillating between up and down in Sunday night futures action
Copper should rise with silver if inflation and global growth narratives are winning. I'm betting it will at least go into a correction here. $SCCO