SILVER
Added 2024-07-25 07:45:51 +0000 UTCStocks, Bonds, Silver, HSI, Crypto and Commodities have all sold off over the last 24hrs.
Some more so than others but the dust has not settled yet.
Silver we were watching lately to see if the 0.38 Fib would hold, as it did twice at the start of June, this level has not held now and as we said in the last update, we would have no issue buying Silver at the 200 Day MA at the 0.618 Fib at $26.
However the next test is the 0.5 Fib at $27.23.
Failure to hold here at the $26 level is next.
This is an ABC correction, so between the 0.5 Fib and 0.618 Fib is the standard pull back level range.
