DislikedHi Stu ,you watching silver ,seems so happy to stay closed in this zone ,anyway when it close s outside zone I think your see direction ,to me it seems mighty bearish still ,tricky ,all candles bodies are black as noteIgnored
Having said that I'm still stacking and still long.
I almost hope it drops to $20 cos I'll back up the truck.
There's an awful lot of FA that affects the silver price so it's no good just looking at the chart IMO - but you need to be very patient and prepared for the drawdown.
For instance if Greece leaves Euro - that will immediately cause a rush to dollars st and silver will take a hit - but then ppl will start to ask how safe is the dollar???? - who knows but I think longer term silver and gold are the safest plays out there if you're patient.