Silver and the Election
Silver has historically thrived under Democratic presidents, and I think this will be no different this time around if (or when) Biden wins. SLV seemed to recover the last 2 days of this week on riding the trendline that's been dating back to March of this year.
I'm going to be watching 24.25 as resistance this week with possible upside of 25.50's in the short term run. I am long on SLV and hoping we can see similar levels we saw in 2012 - at the 35's.
I'm going to be watching 24.25 as resistance this week with possible upside of 25.50's in the short term run. I am long on SLV and hoping we can see similar levels we saw in 2012 - at the 35's.
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.