For 7 years Silver has build a base and the breakout occurred this year. It is highly improbable that this breakout will stop here. You can guess how far the move will go but you must conclude that shorts are in a very vulnerable position an d bulll now control. With Fed Rates likely to be unchanged I see silver moving strongly to the upside for the next 3 months.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.