Just Consolidating - Market Analysis for Dec 14th, 2022


Unfortunately, there really is absolutely nothing more for me to add to the analysis.  Nothing has really changed from the weekend update, as we have basically been moving sideways.  But, silver is trying to stretch a bit more towards the ideal target region.

As far as buying more aggressive positions, I am going to need to see some downside movement for me to consider moving into an initial tranche of long positions.  So, I am just going to be a bit more patient.

GDX8min
GDX8min
GDXdaily
GDXdaily
GLD 8min
GLD 8min
GLDdaily
GLDdaily
Silver-144min
Silver-144min
Avi Gilburt is founder of ElliottWaveTrader.net.


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