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Silver Has a Wild Day on Monday
This is turning out to be a massive engulfing bearish candlestick that could create more selling, and if we drop below $70, I think things could get ugly quickly. The silver market initially did rally a bit during the trading session, gapping higher as soon as Asia came on board. Unfortunately, we’ve probably seen a lot of people blow up today as they started chasing this thing to the moon, only to realize gravity is a real thing. The $70 level, so far at least, has offered a little bit of support, and that makes a certain amount of sense, but you have to keep in mind that at one point, the futures market was at ... (full story)
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- Dec 30, 2025 4:43am Posted byTechnical Analysis163
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