CapitalHubs

Silver Testing Breakthrough

BATS:SLV   iShares Silver Trust
2
After successful break above key resistance levels – resistance trend line and 200 day moving average silver now is testing the strength of that breakthrough. The mentioned levels have become key support levels and as appears difficult to overcome. Price drop is less likely. The target for the upside scenario is around $40.

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.