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chartwatchers
Jun 30, 2020 3:28 PM

SLV - Silver triangle Long

iShares Silver TrustArca

Description

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

Comments
lord_kinbote
Getting late in the IC. I closed out GDX today on the pop, but still holding AGQ. I am thinking we have a few weeks or less before silver/gold is ready to hunt out ICL?
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