awh2830

Silver, Clearly a massive breakout

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver broke out of a huge multi month basing pattern on massive volume . Last weeks trading volume was the equivalent of 5 years worth of production. The resistance was $19. I expect it to cool off here as August is a cyclical weak month. It will probably retest the break out level. Long term very bullish set up.

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