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Slvshort

Bitcoin, GOLD, and SLV Rose Sharply From Israel-Hamas WarCommodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. SLV had a bullish bounce off the yellow trend line on Friday October 6 (marked by the orange circle). The Israel-Hamas conflict started on Saturday, and on Monday SLV started its uptrend. Key Price Levels: The light blue trend line is acting as short-term resistance that is suppressing SLV's price, but the longer term target is the red trend line if SLV can continue to climb higher. The yellow trend line is a key support level to monitor for a bounce if SLV drops back down.
AMEX:SLV
by realchartchamp
$SLV Pullback?SLV has shot up again in the past couple of weeks. After taking a look its a bid extended from the 20,50,100 day MAs on the daily chart. Volume hasn't been anything significant and its facing a long standing trendline. Dollar has also been melting down which is a nice catalyst for SLV but eventually the dollar should find some support near term imo. I expect SLV to cool off over the next week or so and get somewhere near that orange line marked. Not an exact science but somewhere nearby. I think it will take feds actually pivoting to really send SLV into a breakout that people have been waiting years for. Just my opinion open to hearing others! Not financial advice. AMEX:SLV
AMEX:SLVShort
by EZmoney24