Gold Silver Reports (GSR) — Silver futures (December) bears have the solid overall near-term technical advantage. Silver bulls’ next upside price breakout objective is closing prices above solid technical resistance at $15.00 an ounce.
The next downside price breakout objective for the bears is closing prices below solid support at $13.67. First resistance is seen at $14.35 and then at $14.59. Next support is seen at last week’s low of $14.035 and then at $14.00. Wyckoff’s Market Rating: 1.5.
