nmatto

SLV and Inflation

AMEX:SLV   iShares Silver Trust
Going off of my previous chart on DXY, SLV showed multiple bounces off the 200MA before trading upwards in a channel, and just today breaking out with a huge bullish kicker. As the Fed may work to avoid rising inflation levels and reverse the price action of DXY, SLV ma look to fall back into its channel and fill the gap down.
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