Loading ...yeah, could be a good week. but we’re a little overbought right now don’t you think? Silver still needs to break above the 200 dma to confirm but if it does it could easily bust up to $16.50 in a hurry.
I have no doubt there’ll be an attempt to smash us next week – they failed on Friday so I suspect that Hornet’s nest has been kicked and they’ll look to attack.
If this is the real deal, I guess the pullbacks should be short, and the dips will be bought.
The USD is the wild card and it didn’t exactly close strong yesterday.
I’m a beaten down goldbug and am always waiting for the other shoe to drop. We’ll see.
