Silver is Shining Brightly
Silver nearly completed a Head-and-Shoulders Bottom today. It is currently at resistance. A close above $21.50 tomorrow would confirm a breakout. The trading volume has been elevated, which is what you want to see on a H&S right shoulder. H&S patterns are some of my favorite because they are relatively easy to trade, and 71% reach the target.
The demand for physical silver is as high as it was during the GFC. Given the heavy declines in registered physical silver at the COMEX, it's only a matter of time until silver is squeezed higher. If not now, then later.
Best of luck, silverbacks.
The demand for physical silver is as high as it was during the GFC. Given the heavy declines in registered physical silver at the COMEX, it's only a matter of time until silver is squeezed higher. If not now, then later.
Best of luck, silverbacks.
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