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Rick G
Member since May 2012
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Silver Has Broken Down

- Dan Dontrose - The Fundamental View

I agree, silver may trend downwards to test the old support or we may see a whipsaw move to reverse. Some things never change.

Commented 4209 days ago

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Beginning of the headline :I’ve written recently about the important levels to watch for in silver and went so far as to state that a “breakout” day was close. It appears as though today is that breakout day but unfortunately for longs it looks like the breakout was to the downside. This could imply that prices are now going to trend downwards to test the old support or, as is often the case with silver, we may see a whipsaw move to reverse. Bottom line, confirmation on the move is needed. As I warned in another of my... Read More

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