Silver's really taking a hit this morning, eh? With the RSI so low, seems like a good time to consider a long position. I'm thinking it might bounce back soon. I'll watch for a confirmation signal around 82 before jumping in. What do you guys thnk?
Update: still watching the price action. It's hovering around 81. I'm a bit worried about that 200 SMA at 86.63... If it can break above that, it could be a good sign. Anyone else looking at that level? Also, volume seems low