The correction is expected to end, especially as the PM sector tends to bottom ahead of the broad market when pan selloffs occur. This zone is considered an excellent point to buy silver.
Silver's chart also weakened substantially, although it remains near important longer-term support levels and has not yet confirmed the same degree of structural breakdown seen in gold.
All bear markets. That’s the bad news but the good news is gold is up 168% from its key 2022 low, silver up 287%, while the TGD is up 258%. Is the glass half full, or half empty?
Jp Cortez: “Alaska has a rich gold-related history, and I’m proud to have worked with lawmakers to pass pro-sound money legislation in the Frontier State.”
Silver needs to break over $86 and hold on in further pullback to $65. Nonetheless, the five-point pattern that has formed should be ultimately bullish.
Country Manager Bolivia Uribe: "I look forward to working closely with BP Silver's team to develop the potential of the Cosuño project, which may represent a significant silver discovery."
Indian gold and silver demand have historically remained resilient in a higher tax environment. This reflects the fact that Indians have a deep cultural connection to precious metals...
