The SLV (silver ETF and/or /SI silver futures) short swing trade has just hit T1 for a 5% profit with a two additional price targets added on the updated (last) chart below. Previous & updated 60-minute charts below.
SLV 60m Sept 25th
SLV 60m Sept 30th
SLV 60m Oct 8th
Likewise, the GLD (gold ETF or /GC futures) swing trade is also currently testing support, the bottom of the S1 (first support) zone that I added on the June 30th update. Previous & updated 60-minute charts below.
GLD 60m Sept 25th
GLD 60m Sept 26th
GLD 60m Sept 30th
GLD 60m Oct 8th
I don’t have time to post any additional updated at this time but will add that (on a related note) the GDX (gold miners ETF) is currently coming up on T3. We are still making preparation for the arrival of Hurricane Milton & will likely make a decision whether to evacuate later today. Unless the forecast of the storm changes for the better, we are still likely to be out of power and/or internet later this week & potentially into next week although I will post updates & new analysis asap. Best of luck to those also living on the SW coast of Florida. Be safe.