chartwatchers

SLV - Silver triangle

Long
AMEX:SLV   iShares Silver Trust
We have the same setup in SLV like in XAGUSD.
Same triangle. Same multi month trendline.
The question is will the banks allow the rally or they just create a false breakout.

Volume looks good in SLV.

Trade closed manually:
It was a great rally, nearly 25% gains .
Comment:
The next gap which is filled will be an exhaustion gap and signs the intermediate top in sikver
Comment:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.