Loading ...Thing is Michael Oliver is correct in pointing out $25.40ish on digital silver is the momentum breakout point. Once it has a weekly close above that level the cat is out of the bag on the upside.
Then you go back to Cliff High’s work, and Oliver’s too, and you are potentially looking at somewhere north of $600.
So if I have to live through a little pullback no problemo.
Futures open interest on silver still has a long way to go before it reaches previous extremes.
Once PM share option expiries pass this Friday, hopefully we will be off to the races.
Cheers