___| _ \ | | | |_ _|\ \ / ____| | | | | | | | | \ \ / __| | | | | ___ __| ___ | | \ \ / | \____|\___/ _| _| _|___| \_/ _____| --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Silver hits the limit again

A quick update today.

Silver

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More weakness in silver this afternoon, but it's still within the consolidation zone.

Silver close up

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As you can see, today's price drop fell below the consolidation zone but then bounced back.

The G/S ratio remains at 77, a fraction below where it was last week. It still appears that the ratio will continue to fall, predicting a big rise in the metals.

Summary - resilience in silver is still strong suggesting that something big is building in the near future.

For disclosure, I'm not a professional advisor and this is not investment advice, merely my own observations of the market and indexes, so do your own research.