TNasr

SLV has upward momentum

Long
AMEX:SLV   iShares Silver Trust
Based on multiple methodologies all signs point to the upper 24 region for SLV, we have Fibonacci targets as well as a chart pattern in the form of in inverse head and shoulders. This is a short term target, further assessment will be needed at that level but a rise in inflation will probably bode well for precious metals.
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