Silver continues to make new highs, broke above $60.00 today! Gold has had a steady recovery also, while breaking back above $4,200 recently.
The miners are having a good Tuesday, my watch list is sold green for a change. MUX has made higher highs and higher lows since it violated it's 50-day ema in the first week of Nov, it has since established a short but good base below while avoiding a bearish 20/50 day ema cross-over and it finally broke above the blue arrow at $18.60 after moving above and below it for over a week.
We are now nearing the end of a rising wedge pattern that formed after a hard sell-off from the the 10/16/25 high, and today, ...it broke above the upper wedge-line with a solid green bar, while engulfing Monday's and Friday's red bars nicely, which is also bullish, if it hold today, we will know more at the close.
I added the most recent pivot points to watch for, the upper is $19.22 and lower is $18.04, and today's green bar pivot for tomorrow should be around $18.90, (depending on today's close), and all past pivots are now void for the time being. The $20.10/20 area is our next area to watch as we slowly move back into the down gap from 10/20/25 to 10/21/25.
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