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Silver Finally Confirms Platinum’s Take
Another day, another bearish confirmation. And I don’t even mean (not one but) two breakdown in silver that we see in today’s pre-market trading. Yes, this is bearish. Even if silver moves back up in a way later, the fact that silver moved below the support lines based on the intraday price extremes is already notable. Actually, a move back up (perhaps to the rising support line) before the slide continues wouldn’t be surprising at all. Yes, it is in perfect tune with the signals coming from the platinum. And yes, it is particularly bearish given what’s happening in the USD Index. But before I move to that, ... (full story)
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- Jun 20, 2025 6:00pm Posted byTechnical Analysis190
