Do You Like Silver?

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Do You Like Silver?

  • I mentioned several times in the Premium content in the last several days that Silver, SI, was ready to correct an impressive advance.

  • Despite an initial drop, SI has shown remarkable resilience, bouncing back in a manner that's worth noting.

  • Nevertheless, I still expect it to digest recent gains, although I must admit that Silver has been one of the toughest commodities to forecast over the years.

  • The daily cycle composite, a key tool in our analysis, indicates a downward bias for SI towards October, providing valuable insights into the potential future trends of the silver market.

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