After reaching 30 USD/oz several times, most think this would be a major resistance.
I don't believe that.
Silver has already done a very smart consolidation. Why should Silver rise every time like a rocket, when metalls needed years for recovering?
So, this small interrupt with declining prices is such as normal. Only nervous speculants asking all the time: Why this corrections?
New trends need time! And with everey day, silver is over 22 USD more and more speculants became investores - and are NOT selling.
I suppose, Silver started today a new rising phase.
Have a look also on Nikkei, Nasdaq100 and you can smell the fear of falling prices.
Silver long.
09.03.2021 / Dan
I don't believe that.
Silver has already done a very smart consolidation. Why should Silver rise every time like a rocket, when metalls needed years for recovering?
So, this small interrupt with declining prices is such as normal. Only nervous speculants asking all the time: Why this corrections?
New trends need time! And with everey day, silver is over 22 USD more and more speculants became investores - and are NOT selling.
I suppose, Silver started today a new rising phase.
Have a look also on Nikkei, Nasdaq100 and you can smell the fear of falling prices.
Silver long.
09.03.2021 / Dan
Comment:
Runs, breakout done