Silver failed to hold a crucial target/support number of 21.865 and is now what I consider technically broken. Until I see a consolidation and a move up I can’t draw new long term Fibonacci levels.
I still own silver bullion and will continue to hold it for years probably. I don’t own and won’t buy any shares of individual mining company stock, only bullion.
Do I still think silver is going to $100+ ? Yes. In my lifetime? No.
I totally called this one wrong.
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