Positions as of Tuesday, May 27, 2025
Gold and silver are currently consolidating in a healthy manner, which is likely laying the groundwork for their next leg higher.
Silver gained 3.9% this past week and its lagging gold continues to be a source of frustration and a warning sign.
Positions as of Tuesday, May 20, 2025
Although silver might briefly retest its rising 200-day moving average at USD 31.39 for support, the trajectory now points toward higher resistance levels.
Though silver has been quiet lately, it’s important to be aware of the many bullish factors that are setting the stage for a strong move higher.
Silver took a hit this past week but if we want to feel encouraged, we note that silver prices did not fall as much as gold prices.
Positions as of 13 May, 2025
In the short term, both metals are consolidating and catching their breath after a dramatic, tariff-driven plunge and rebound over the past month.
As long as this continues to hold, the sky is the limit for Gold’s wild little bro. When the silver bugs get going, they tend to really go.
