SILVER - SAFE HAVEN -
Added 2024-09-24 16:16:28 +0000 UTCSilver is getting a strong bounce today and I believe this is down to China coming out aggressively with a stimulus package, this will likely flood the Chinese market with liquidity, China has also been buying up Gold and Silver this year too, so with this extra liquidity, this will likely continue.
Price is holding very well above $30 now and I believe we are in Wave 3 now and expect a move up to the 1.618 Fib next at $33.67
The previous high is $32.50 from May, a break above this level confirms the trend.
