Article Archives (2023)

Can you guess the charts below? Both charts represent the same market but at different time horizons. Will the top chart finally break above the channel? Does the bottom chart show another bounce off the channel support and continue to rally? How do both charts relate to each other? I will give the answer in the next post.  Be careful with metals trading. Last night's silver crash was mainly prompted by coordinated dumping of 674 million oz of silver in the Shanghai Futures Exchange. The Exchange is said to have halted it and fundamentals remain largely unchanged.