Silver almost finished proving $24 as a new low

After rallying since the beginning of October, we have had 2 days of retesting $24. It seems like $24 will hold and will peg a new low for silver.

Previously, we've seen a inverted head and shoulder pattern revealing a new bullish leg. That bullishness has now nearly completed testing the $24 mark. Expect to see new highs in the near future. I believe we will be testing $25 by the end of the year.

Comment:

In reality, we are near completing an inverted head and shoulder pattern, signaling new highs. $24 was too hopeful on my part, $23 is holding creating a matching shoulder.