Our expectation is that silver should hold its uptrend line and once we clear $26.50, we could start moving substantially higher. Above $28.25 silver could see new highs above the February 2021 high of $30.35.
We continue to be concerned that gold made new highs but silver isn’t even close. These are divergences that at help maintain some degree of caution and not get overly..
Silver buyers beware. This is not the silver breakout you're looking for. As the price of silver has risen from $24 to over $27, we look at who's buying.
