Silver Hitting Strong Support

Indicators point to a bounce off of low risk entry.

Look at all that sell volume that hits like a hammer - smells like opportunity. Hitting the strong support of 15.00 on dying volume. CCI, RSI and strong support are on favorable terms for a low risk long at this position. Banks love dumping those futures to acquire physical at the cheap.
bounceCommodity Channel Index (CCI)futuresLONGmanipulationOscillatorsRelative Strength Index (RSI)SilverSLVsupportSupport and ResistanceVolume

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