ITM Trading, Released on 3/18/26
As gold and silver pull back from recent highs, one veteran trader says the setup is building for the next leg higher. Todd “Bubba” Horwitz, chief market strategist, joins Daniela Cambone to break down the critical signals flashing in the precious metals market. “I don’t think there are enough metals in the world, silver and gold, to cover the amount of paper that is written on them and the amount of use that is needed,” he argues. “The prices get suppressed.” He adds that the current consolidation is healthy: “We are in absolute perfect condition right now to build on that next rally, because the longer these markets go sideways and consolidate… they’re going to explode higher in my opinion.”
Todd Horwitz — known as Bubba — is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast ‘The Bubba Show.’ He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.