Yesterday’s hard selloff in Silver generated some wicked impulse legs on the hourly chart, and so I’ve hung out the yellow flag for the first time in a long while. Scalping should be done from the short side in both Gold and Silver — the first time this has been so since early January. Please note as well that T-Bond futures have bounced from a potentially important low and that the Dollar Index is very near a similar high-odds bottoming point.
