A bearish key reversal on the daily chart occurs when the price rises to a higher high than the previous session and settled below the prior session’s low. On December 4, February COMEX gold futures put in a bearish key reversal pattern on the daily chart, and March COMEX silver futures followed like an obedient puppy.
In a September 9 Barchart article, I suggested that trading the range in silver was the optimal approach. In that piece, I wrote:
