- Silver has broken out of its consolidation and is heading higher. Have set targets at the immediate resistance zone and old highs. Momentum needs to turn up on our squeeze momentum indicator to hit Target 2 otherwise we will see more corrective behaviour from silver.
- Not as strong as gold but precious metals are often sought as the Fed expands its balance sheet.
- Not as strong as gold but precious metals are often sought as the Fed expands its balance sheet.