With the current climate of treasury bonds and negative yields and the control of Gold ( paper work ) and industry needs for silver, the people in the know say to buy GOLD and SILVER. Hence why I'm doing a quick TA on SILVER.
Observations: - Bounce off the 0.886 Fib Level retracement and the 0.786 at the MACRO level. - Price closed above the weekly 21 EMA and 55 EMA, etc - Price closed above the monthly 55 EMA - Action price looks BULLISH - Double bottom - BULLISH divergence in play on the weekly