As mentioned here in Wednesday’s video, SLV still offers an objective long entry at the strong 19ish support level at extreme oversold readings on the daily RSI.
SLV daily Oct 6th
GLD (gold ETF) was also mentioned as an objective long at good support with a stop somewhat below on Wednesday, & still offers an objective long entry at the 168 support level while at the deepest oversold reading in years.
GLD daily Oct 6th
The positive divergences also continue to build on the 60-minute charts of /GC (gold futures) & /SI (silver) with the odds of at least a tradable oversold rally good IMO.
GC 60m Oct 6th
SI 60m Oct 6th