Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. SLV had a bullish bounce off the yellow trend line on Friday October 6 (marked by the...
SLV has shot up again in the past couple of weeks. After taking a look its a bid extended from the 20,50,100 day MAs on the daily chart. Volume hasn't been anything significant and its facing a long standing trendline. Dollar has also been melting down which is a nice catalyst for SLV but eventually the dollar should find some support near term imo. I expect SLV...
Since Nov 2015, SLV is always not held well in Nov, and an opportunity for long ZSL is here. Entry price 8.4, aiming 10.5 or even higher. If ZSL drops to 7.8 in the next few days, I am adding more. Stop loss is loose around 7. Betting on the retracement cycle of silver repeats itself.
