Possibly and definitely maybe. At any rate, the sell off on Friday was weak with no follow through. When there's no follow through, I start thinking opposite. Note that SI open interest near annual high while GC OI at the low. Silver Seasonal low in August.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.