Silver Price Update

Speculation is back near all-time high.

Silver is on a major buy signal since early 2016.

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.

Speculation is back near all-time high.

By observing COT data, we can see clearly an established pattern on speculative activity, knowing when to be aggressive and when to be conservative.

Summary

Long-term – on major buy signal.

Short-term – on sell signal.

A correction is in progress.

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.  www.simplyprofits.org

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