Almost overbought on RSI, but there's an open gap that needs to be filled. I was wondering what this pump was bout until I saw the gap.
Don't short it until it fills the gap. Quite frankly, I think silver and other metals will just go bounce sideways for a while. The next drop probably doesn't happen until chip stocks drop and this AI bubble bursts.
Don't short it until it fills the gap. Quite frankly, I think silver and other metals will just go bounce sideways for a while. The next drop probably doesn't happen until chip stocks drop and this AI bubble bursts.
Note
Both Asia and Europe pumped it overnight, so it's a double pump. I don't think it's gonna do much today aside from whipsaw, might not fill the gap until Thu.Note
BTW, I'm not entirely sure that the gap will fill. If I was sure, I would have bought calls on teh morning dip.Note
Copper looks like it wants to break out to a new ATH
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.