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bossmodetrader
Dec 17, 2020 3:29 PM

SLV Silver is breaking out  Long

iShares Silver TrustArca

Description

I like this chart a lot.
Comments
ZRP
Great call! I like the metals a lot right now.
bossmodetrader
@ZRP, wwwwoooooow! I didn't know there was a coin feature on here!!! Thank you so much!!!
AT_Holding_Inc
How do you explain todays market movement for Silver and SLV? Cheers!
bossmodetrader
@AT_Holding_Inc, no idea other than this could be either a risk off event where everything sells off or a dollar rally.... no clue. I got stopped out of every single position
yeolblt
Curious about what drivers you think will propel SLV price back to $27+.
bossmodetrader
@yeolblt, a bunch of people realizing there is nowhere else to hide and realizing value in commodity space.
bossmodetrader
Forgot to add - if we decisively break $27.34, my target would be $32-35. All macro backdrop supports it, chart looks great...however if you think that I missing something - please comment below and let me know your view. This platform is to exchange ideas and views = not to bash each other. Good luck on all of your trades!
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