Silver is poised to explode higher. Silver is trading into a bull flag and so far the price is being supported by the 50 DMA. The 10 and 50 day moving averages have turned higher.
While Gold made a lower low into a daily cycle low and likely an ICL and YCL, Silver remained above the previous cycle low. Silver usually magnifies moves by gold. It looks like a shift may be taking place and Silver could be the leader in this new intermediate cycle.
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