Silver Bull Trap? Fakeout Rally Fails at Resistance as Long-Term Demand Holds
Silver just pulled off another classic fakeout: a sharp bounce that looked promising, then ran into hard resistance and lost steam. The long-term bull case still has teeth, but the short-term chart is ugly enough to make traders swallow their enthusiasm. Sharp drop, quick rebound Resistance held, bulls got trapped Supply deficits still support the […]
Read Full Article