Silver Price Exclusive Update
Silver remains on a major BUY signal at the end of July.
Major signals can last for months and years and are suitable for long term investors.
SLV is on short term sell signal.
Short term signals can last for days to weeks and are more suitable for traders.
COT data is now favorable for a bounce.
Looking for support at 21.
Summary
Long term – remains on BUY signal at the end of July.
Short term – on sell signals.
We closed out all of our positions with good profits.
Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
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