
Nice bounce in silver overnight.
After that move down into the 200-day EMA, this is the kind of reaction you want to see… buyers stepping in, RSI curling up a bit, MACD trying to turn.
But I don’t trust any of this yet.
This market is completely headline-driven right now.
You’ve got the U.S. saying talks with Iran are happening, Iran saying that’s not true, and then rumors of possible talks later this week. Nobody really knows what’s real.
So it’s basically: headline → spike
next headline → reversal
Silver’s just getting dragged around with everything else.
I’m still bullish longer term, nothing’s changed there… but short term this is not a clean environment at all.
We should know a lot more by next week once this Iran situation either turns into actual talks or completely falls apart.

English








