This Past Week In Silver

A pivotal week as silver has broken out and is poised for a multi month rally.

SLV – on buy signal.

Silver broke out from the multi month downtrend confirming the double bottom, and is poised to rally to much higher prices in the months ahead.

As long as speculation continues to increase, expect higher prices overall.

Summary

A pivotal week as silver has broken out and is poised for a multi month rally. Traders should buy any short term pullbacks and expect higher price overall.

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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