TVC:SILVER   CFDs on Silver (US$ / OZ)
Its been a ranging trend in silver but it is much better than gold which is in downtrend (Price wise). But gold was better in trading this time.
It seems the the trend-line in silver was supported by many buyers as we can see a long tail touching the line.
Also the STOCH crossover took place, like earlier two times.
Either its too easy to see, so it wont happen. Or maybe too easy to neglect.
Rest depends on the upcoming Home Sales.
Comment: It didn't bounced.. YET !!
Trade active: Risky Call Active.

Comments

2 - 3 weeks from now the charts look way different.....We'll see Silver above $20 in August...
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@Spokoze, 20$ in august !! ??
It cant be that much unless there's a recession.
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Spokoze UnknownUnicorn2785010
@UnknownUnicorn2785010, Sure it can...over time and overcoming resistance @ $18, $20.50 $22, $26 $29.75, $33 $35.75, $44.....to new record highs....buckle up....Most undervalued asset in the world right now....
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