Precious Metals To Bottom Soon?

On a short-term basis, silver is at resistance and really needs to start to break to the upside.

I sit down with Patrick Vierra from Silver Bullion TV to go over the signs that point to further correction in the silver and precious metals market in general. Looking at the daily chart of silver and recent price actions, we can see these critical major turning points sometimes acting as a resistance short term but usually trading above them. On a short-term basis, silver is at resistance and really needs to start to break to the upside.

Gold, Ingots, Treasure, Bullion, Gold Bars, Wealth

Image Source: Pixabay

In general, the precious metals markets are primed and ready to have a very big move. The markets are still trying to base at a really critical point. Gold and silver minors are at a major support level trying to get some traction and whichever way this break is going to be a pretty big move.

Video Length: 00:16:18

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