Silver

[ynot]

Big move in silver this morning. Has now settled bak but strong move from $28. to 28.50.
I would not be surprised to see it break $30 soon enough.. !

[peat]

yes , perhaps a big ascending triangle from August is looking for a break through 30.

SilverDaily 0602.JPG

however just to be pedantic I wouldn't call todays move all that big - silver is quite volatile, always has been.
However , that said , todays movement does put another long wick at the top of the candle and that's not usually good.

SilverDaily 0602a.JPG

[peat]

SilverDaily 0602a.JPGtodays movement does put another long wick at the top of the candle and that's not usually good.

this is a bit more what I would call volatileSilverDaily 0604.JPG

and those spikes were right huh!
I did sell an oz of gold yesterday that I'd picked up at 1725 so candles help again...