If they are going to bounce in the short-term, they could do it from here.
Gold is at lateral support on the daily chart and is oversold. As a bonus, a widely followed Twitter star is now giving the bad technical news after 2 days ago talking bullish. I won’t name the person because this is a professional service, but read into it what you will. I personally find value in these contrary indicators.
Silver clings to the SMA 200 and is fairly oversold. Neither chart looks great, but gold’s support area especially, looks significant and silver clings ever so tightly to its uptrend.
