Chris Vermeulen sits down with Patrick Vierra from Silver Bullion TV to go over the signs that point to further correction in the silver and precious metals market in general. Looking at the daily chart of silver and recent price actions, we can see these critical major turning points sometimes acting as a resistance short term but usually trading above them. On a short-term basis, silver is at resistance and really needs to start to break to the upside.
In general, the precious metals markets are primed and ready to have a very big move. The markets are still trying to base at a really critical point. Chris also mentions that gold and silver minors are at a major support level trying to get some traction and whichever way these break is going to be a pretty big move.
TO LEARN MORE ABOUT THE FUTURE MOVES GOLD AND SILVER – WATCH THE VIDEO below
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.
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Original source: https://www.thetechnicaltraders.com/precious-metals-to-bottom-soon-video/
