SIL Monthly Chart
December 16, 2024
We are currently pulling back in the metals and miners, just ahead of the best time of the year seasonally, for the group. Time to add into dips again, on oversold technicals on shorter time-frame charts like the weekly and daily setups. It looks like a monthly close over $39.50 or so might be enough to motivate the miners to make a massive bull run to the old highs in 2011.
