[Watch] SLV
I have not posted much lately because I am busy trading. I have been focusing on bigger picture, daily & weekly charts as those have less noise.
But it is remarkable considering the moves in commodities, that gold & silver remain in consolidation. I think this is a significant opportunity.
However, these are highly manipulated markets so always be careful. I'm not personally in SLV or any silver stocks.
I have physical silver and I prefer to see dips to buy more. But I doubt these prices last.
Technically, I think this weekly chart is showing that sellers are drying up.
If interested in going long, look for:
1) Drops on low or decelerating volume
2) Quick drops to a major support level
Consider PSLV as a better vehicle.
But it is remarkable considering the moves in commodities, that gold & silver remain in consolidation. I think this is a significant opportunity.
However, these are highly manipulated markets so always be careful. I'm not personally in SLV or any silver stocks.
I have physical silver and I prefer to see dips to buy more. But I doubt these prices last.
Technically, I think this weekly chart is showing that sellers are drying up.
If interested in going long, look for:
1) Drops on low or decelerating volume
2) Quick drops to a major support level
Consider PSLV as a better vehicle.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.