I longed some silver via SLV since $15.50 spot. Silver is now at a major trendline and horizontal resistance area . I am looking for a correction in metals ( gold , silver ) to shake out weak hands, which may be a buying opportunity for the future. Ideally, silver may get back to the $16-14 handle. Above $20, I may add to my position on a breakout.
Gold is at a similar resistance; I would expect them to correct together.
Gold is at a similar resistance; I would expect them to correct together.
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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.