Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding…We will need a close tomorrow above 1511 in the Gold, and 34.40 Silver, to maintain the weekly patterns.
Closes under these levels will have me exit all long positions. I would rather exit and re-buy them a little higher than sit through a potential break.
That’s the game plan for now. Stand pat, or exit on a close below the aforementioned levels and await further price action to re-purchase.
