Here is an hourly chart showing pit and electronic trading in July silver futures since the low at 945 on June 14. I last commented on this market here.
I think that the three phase rally from 945 ended at 1066 and now I expect the market to drop to 920 which is the 2 and 5/8 multiple of the 1991 low at 351. After 920 is reached I think a rally of 2 or 3 dollars will begin.
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