Silver’s Bearish Signal

Several days ago, we published a post titled ‘Why Are Precious Metals Declining?’ and stated that precious metals sector has just gone through ‘a rather sharp reversal in sentiment [which] usually tends to signal a correction during uptrends or a potential for another leg down during downtrends. This is unless of course, assets like Silver can continue a sustained rally with a break above the 200 day MA. We continue to track the overall sector very closely…’

This post was published at GoldSilverWorlds on October 30, 2015.