Some silver overbought conditions have eased overnight. My main concern was that the Daily BB has spent 4 of the last days above the top of the band. Another couple of days of consolidation is needed before the next leg up. Gold is not having the same problem. The weekly for silver is starting to turn bullish. This week it reached the 18 week ma which is strong resistance at around the 24.50.
IVR Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
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