We have reached the end of the overall market converging pattern during the upward trend, and at the heart of it is a small pattern that can open sell positions to specified areas.
With the current climate of treasury bonds and negative yields and the control of Gold ( paper work ) and industry needs for silver, the people in the know say to buy GOLD and SILVER.
Hence why I'm doing a quick TA on SILVER.
Observations:
- Bounce off the 0.886 Fib Level retracement and the 0.786 at the MACRO level.
- Price closed above the weekly 21 EMA and...