Major support in Silver comes in at $54
Here is how the dynamics of price behavior works:
Late comer bulls who bought >$90 missed the top and have sworn to themselves that they will never sell out
In fact, they have stated their intent to buy more at $65 and more at $60
They will mark the bottom by puking out their positions below $60 swearing to never trade Silver again
This is how bottoms are made every time in every market be it Silver or Bitcoin or Soybeans or Sugar or the S&Ps
$SI_F #silver
@karlstefanovic NDIS is a burden on our country, create institutions for the insane like we use to. Why does every ‘special’ kid/person need to be on a package. Damn a lot of them don’t even know they’re on earth
@AvidCommentator Where there’s volatility there’s stamp duty to be made. Rest assured the government doesn’t want more houses they want more turnover = more tax revenue