The iShares Silver Trust ( SLV ) could be the most interesting today because its 50-day ( ) just rose above its 200-day , resulting in a “Golden Cross” for the Silver .
SLV has also squeezed into a tight range for the last 1-1/2 months as copper and gold have run. This creates the potential for a breakout.
Price action has taken the shape of an in the last three weeks. There’s been a series of higher lows and resistance is around $17.
Interestingly, SLV had a similar pattern in April and May before moving above $15.