Piling on Silver and Gold
The Silver chart shows it has broken out of the resistance at 17.61. It can either continue to go up from here, tracing the bullish trend line OR corrects itself to possibly the next level of support at 16.83.
Once it is resting at 16.83 level, await for the next available bullish signals before going long.
Once it is resting at 16.83 level, await for the next available bullish signals before going long.
Note
watch this closely as it could be a good hedge in the coming volatile weeks and months.
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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.
Related publications
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.