SILVER - SAFE HAVEN -
Added 2024-11-13 10:52:13 +0000 UTCSolid hold so far for Silver on the 0.618 Fib above $30
CPI data today is likely the cause of this bounce
I have already added to Silver last week before the election as a further hedge, so if I liked the price there, it is even more attractive now
We have a higher low now but not a higher high
The 50 Day MA at $31.50 would be the ideal level to flip back to support and we have the start of a new impulse wave.
Wave 5 is still the target next at $37.40....once $30 holds.
