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Could very well be a minor correction to the moving average. I'm of the view we aren't quite done for the week.I think we found the top $52 AUD.
The good thing is that the longer-term charts are racking up some very sexy candle formations for a solid push forward in the POS
Sure, many factors control markets; it's not just silver, all commodities are manipulated in some way. I disagree with your mentality of wash, rinse, and repeat because the evidence is in plain sight if you just look back on the 12-month long-term chart as silver has been in an uptrend for many years and patience is needed. We are in December now, and I did state that the longer-term charts are looking very good in the candle patterns, and that is for sure. If we break $32, as I have been harping on for a while, and it can hold as support, we will go to new all-time highs as the USD implodes on itself with a mounting debt of trillions. When the masses lose faith in that toilet paper, gold and silver will have their day, and that's when you will have a massive physical shortage of both. If it happens in my lifetime, I don't know. The spring is tight very tight.