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crawfordpaul
Sep 25, 2020 6:20 PM

SLV Gaps 

iShares Silver TrustArca

Description

AMEX:SLV As SLV works it way through its levels the best support and resistance could be a Fibonacci. It is important to note that throughout the summer as SLV had approached these levels leading up to the swing high it gapped up above all the levels except .382. I'm unsure why it has seen so many large jumps in price but it could be forming a double bottom at 20.51 and move back up next week to chase fills on some of these untouched areas.
Comments
leobacan
Same analysis I made. I would make a long entry at the 18.50 area !
stupidGuy
That's a very good observation!!
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