SLV : CATCHING UP TO GOLD

Just as Gold is breaking out to new highs, Silver is potentially on a juncture where it could continue is intermediate uptrend. Fibonacci Price Extensions and Elliot Wave analysis applied. SIL (silver miners ETF) already breaking out from consolidation observed thru On Balance Volume (OBV) indicating buying pressure.
Chart PatternshedgeTechnical IndicatorsMetalspreciousmetalsSilverTrend Analysis

Also on:

Disclaimer