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Entering significant technical support zone at $52.50, Peter Spina notes

Entering significant technical support zone at $52.50, Peter Spina notes
Technical support zone at $52.50

Peter Spina, CEO of GoldSeek.com, described the $52.50 price area as a significant technical support zone. He questioned whether the bull market is real and suggested this could represent an excellent entry price opportunity.

Spina has previously called silver a strong buy at current levels, emphasizing increasing mining costs and a rising all-in sustaining cost range of $25–35 in recent comments. He also noted that the Dow gained nearly 4% following the closure of the Gold window, citing the move as an important market lesson in an earlier report. These perspectives reflect his continued attention to key technical zones and cost structures in the metals markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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