iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Bulls Trying to Wave This Flag

benny-the-bull-waving-flag

On the 30-minute charts, silver and gold are both flagging out here nice and tight.

As far as miners, the junior gold miners are still outpacing their big brothers.

So far, so good regarding the recent upside reversals in precious metals and miners.

Needless to say, more work is ahead for bulls if they truly are going to cement a major bottom.

I would look to see if the silver ETF can finally clear $19 above, and more important hold it.

______________________________________________________

SLV

Email this to someonePrint this page
If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. @cometkarov

    SPOT on…yet again ; )

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. @cometkarov

    so many crosscurrents this week around the space…wow

    • 0
    • 0
    • 0 Deem this to be "Fake News"