September has been an extremely good month for Silver, correcting many of the August injuries. However, daily price is still in a mode of lower highs (and lower lows) and will need to breakout from the downtrend line (see chart) to reverse this situation. Disclaimer> This post is informational only. This post is not a […]
The task for silver bugs is to hold price above $18 in order to avoid the descending triangle’s breakdown on the daily. The precious metal is still not out of danger with everything above $19.50 serving as a possible re-entry of shorts. Disclaimer> This post is informational only. It is not trading or investment advice! […]
The metal has broken even below the last post-covid Fib support. Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk decisions which you and only you are responsible for!
The industrial (and precious) metal is facing grave headwinds as evidenced by a fresh break of post-pandemic chart support areas. However, longs hope that the lowest post-pandemic fib may keep the market afloat. Disclaimer> This post is informational only. It is not trading or investment advice! Financial markets are inherently risky. Manage your position size […]
At the bottom end of a long-term price channel, silver buyers are doing their best to keep the metal afloat. Disclaimer> This post is purely informational. It does not constitute a trading or investment advice. Financial markets are inherently risky. Honor your own risk management decisions.
The metal has bounced up to 5 8ths of the June-July move down and may be (MAY BE) subject to some profit taking in the short run. This is the difficult of bear market rallies – it is hard to evaluate when they may start and when they have ran out of steam! Disclaimer> This […]