Wednesday, August 24, 2016

Large Gap Between $19 and $18 Silver

We are well into the large gap up in silver.

Now there is a large drop in the silver chart threatening a nice run.

Will be interested to see if we test $18 flat here or if this is just a dip.

Here is the silver chart.


Probably a decent amount of stop orders around $18 and just under.  If that price does get probed, a good year's worth of gains could evaporate in an instant.

Stay frosty.