People writing silver off based on Elliot Waves.
The support is still valid.
Still higher lows which is a good thing.
Deliveries in the Comex still taking place.
Long Term Fundamentals getting stronger.
More people understand Silver and Gold lately.
Long Term Fundamentals may be affecting short term price movements.
I must say, patience. Don't...
From a technical chart stand point:
There's a clear channel
Price breaks a channel and it overshoots the opposite direction
50 MDA about to cross 200 MDA (Golden Cross)
Factor in Fundamentals, I believe the price will overshoot upwards
From the fundamental stand point:
Fed is printing
Inflation. Even if majority of dollars goes into other sectors,...