Market Update on Silver 10/14/2018

The next move on silver should be interesting. My guess is that it will flatten out going lower from here. With the Fed being very hawkish I can see price moving lower, but with all the pressure in equity markets we may rally from here also. That may sound somewhat indecisive, but price action is also indecisive, and price is truth.

On a 15m chart the internals are less than stellar atm, but the pattern suggests a bullish flag. We will know more at market open.