SILVER Continues a Meaningless Consolidation
SILVER normally trends downward in Q1/Q2, before cyclically bounding into a bullish run from Q3 and into the new year. Sustained fears of Coronavirus and low risk appetite keep SILVER hovering undecidedly between $17.60 and $18.20, with strong price rejection @ $18.80+ back in early January and plenty of support at $17.50 reminding us of this tunnel's ceiling. Still projecting SILVER to rise in Q3 past $19.00.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.