I longed some silver via SLV since $15.50 spot. Silver is now at a major trendline and horizontal resistance area . I am looking for a correction in metals ( gold , silver ) 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.
Gold is at a similar resistance; I would expect them to correct together.
Gold is at a similar resistance; I would expect them to correct together.