The last three days candlestick patterns are interesting.
Prices are smacked down in obvious selling raids designed to dampen price, especially after a higher overnight trade. And then determined buying brings the price back up but is held to a modest loss in the New York Comex session.
Silver is winding up for a run that will take no prisoners, show no mercy.
But these are just my opinions and I could be wrong. Here are two other similar perspectives.
“This may be the best opportunity you’re going to get at least from a price sense to buy gold and silver in the next few days. I think when this correction however long it will last is over, it will probably mark the lows for the year which will then be the liftoff to the eleventh consecutive year of higher gold prices.” John Embry, interview with KWN
New Buyers Are Taking On the Silver Shorts - Turk
