Loading ...You are right … the next few weeks could be brutal.
They don’t want commercial buyers of silver continuing to step up to the plate moving forward (especially this month – a delivery month) as they are close to getting cleaned out. (war accomplishes this – where large commercial orders will be delayed or cancelled)
So it would not be surprising to see them keep the pressure on a few more weeks.
Based on my harmonics work published over 20 years ago – a 50% correction should be expected at such junctures. (looks like this could be a high degree correction if it does not reverse soon)
Rick Rule will be happy as he is looking for a buying opportunity and he might get one.
Chuckle