Silver's testing a long term trend line

20 ביולי 2015

I find it quite risky to buy precious metals right now, but silver is currently testing a support that gave way to a technical bounce at the beginning of the year (see related idea below). All I can say at this point is that silver may hold better than gold, which suggests that buying it may provide a hedge for anyone who is already short on in the gold market. At this moment, I'm only looking at silver as a hedge and not an outright buy.