By Otavio (Tavi) Costa – X
Very encouraging move in precious metals off the lows.
Silver and copper are leading, with juniors outperforming seniors and explorers showing strong upside today.
That said — the day and week are far from over.
After leaning optimistic recently, some caution is warranted here.
Bottoms are a process. Always.
My approach remains the same, keep dry powder and continue scaling into weakness.
A retest here would be entirely normal, in my view.
I’ll continue to add selectively to high-quality names while maintaining flexibility.
Let me walk you through one idea in particular today: