Silver: Already broke out the bear channel
Quick analysis of Silver
Silver has broken the bear channel already
Key levels spotted
Silver has broken the bear channel already and is looking forward to test prior relevant levels.
Key levels are very clear and keep in mind that silver and gold tend to be cyclical assets.
For informational purposes only.
Thanks for reading.
That's the best news I heard today. Silver is more volatile than gold and normally lead it. Both gold and silver have record low number of short future contracts (based on latest COT report) which means they are very bullish on gold and silver. We should get the next run up in the coming weeks.
As you know I have a significant portfolio of commodities including gold and silver. Like cryptos, I've been suffering but I think both are about to get a significant up trend started.
I like all your active posts. Keep them coming!
Right now is the perfect time for accumulating either commodities or crypto. Both will be kinda cyclical.
Most cryptos are offering 800-1200% profitability till prior top.
If this comes back, and looks like is into it, we'll not only go to prior tops but higher hights.
There are several coins getting the final product almost ready. Big parternships will bring the results soon and will push the price like crazy.
Just mw two cents. Thanks for your support!