I longed some silver
since $15.50 spot. Silver
is now at a major trendline and horizontal resistance area
. I am looking for a correction in metals ( gold
) to shake out weak hands, which may be a buying opportunity for the future. Ideally, silver
may get back to the $16-14 handle. Above $20, I may add to my position on a breakout.
is at a similar resistance; I would expect them to correct together.