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pacifiedStar62604
Feb 26, 2021 7:08 AM

Silver Consolidating Long

SILVER (US$/OZ)TVC

Description

I think Silver might be gonging through a cup and handle pattern and wedging now for a break out to the upside. Maybe a good hedge against yields rising and inflation.

Disclaimer - I own stocks in a silver mining company on the asx and I am no expert at technical analysis.
Comments
farmerx2000
i think they want the silver price to run sideways for a bit so that people get bored and sell
jaydubau
@farmerx2000, The triangle won't close till late April so likely going to bounce around within 26 and 30 till then my guess
MoneyMakerTrade
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