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The charts always front run the fundamentals because someone always knows something and trades on that information.
https://x.com/_gvan/status/2021253900834103360?s=20
13 days ago I warned you all not to get greedy on your silver longs.
Last night silver hit $64.
I hope you got out near the top.
I still believe we could see lower back to around $52 but we may see a bounce now for a lower high first.
Silver and Gold are now at silly levels of overbought. I urge extreme caution. If you are up big please secure some profits.
The correction will likely be a neck break when it finally comes.
Silver now beyond the 4.236 fib with no wave 3 pullback on the way since the breakout in March 24!
Wild stuff! When it eventually falls over it could be biblical!