Loading ...SLV is sitting right at the bottom of a band of resistance up to $22.50. Seems that’s the number we need to blow through for a breakout. We spent Dec/Jan bouncing around in the band before failing. The RSI never broke 70
RSI is sitting at 67 which might be a tough place to launch from. OTOH, this move feels stronger than the last. I don’t know.
Other than rates and the dollar rising from here, is there anything out there that’s a threat to gold in the near or medium term?