More consolidation ahead for silverSILVER (US$/OZ)TVC:SILVERBlueberrySilver is down around 12% since our short recommendation in mid March. We've been bullish throughout the year but we also need to be realistic with what the charts are telling there. The bull run has a big gap in the charts which is liklely to see more consolidation in the coming months, before a base is formed. We don't doubt the long term narative, we just see more selling pressure ahead. The 200 day moving average needs to hold at current levels. Otherwise, there could be more downside towards the mid $50 level. The forecasts provided herein are intended for informational purposes only and should not be construed as guarantees of future performance. This is an example only to enhance a consumer's understanding of the strategy being described above and is not to be taken as Blueberry Markets providing personal advice.