kocurekc

Bottom Established in Silver (SLV)...?

Long
BATS:SLV   iShares Silver Trust
3
SLV held the 17.77 ($18 Fib lvl) and has put in a near term base
with nice heavy volume. Volume is dropping, but if the OBV
can start trending up, we might have found a BTM.

Lots of resistance looking up, but a good upside with your base
@$18 established. Ending QE-Inf and economic concerns may
provide the upside momentum, along with longer term supply
contractions with the beginning of mine closures.

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