Silver is another metals that has been taking a beating. It looks like its trying to carve out a bottom, but we wont know that the bottom is in until we can break this down trend line above 16 or so. Even then you would want to be cautious because even then we might have some sideways action before we break 18.5
Only then will I call Silver in a bull market.
Only then will I call Silver in a bull market.
Trade closed: target reached:
long term is still bearish so i rather take my money and run! look for a break of 16.5 for momentum trades
Comment:
closed at 16.04