SLV has upward momentum
Based on multiple methodologies all signs point to the upper 24 region for SLV, we have Fibonacci targets as well as a chart pattern in the form of in inverse head and shoulders. This is a short term target, further assessment will be needed at that level but a rise in inflation will probably bode well for precious metals.
Disclaimer
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.