SVR re-entry LongWeekly momentum switched, took the 4 hour setup here. SL to be trailed on weekly candles.
Key stats
About ISHARES SILVER BULLION FD HEDGED UNIT
Expense ratio
0.66%
Home page
Inception date
Jul 15, 2009
The fund holds physical silver bullion, which is an efficient way for investors to obtain silver exposure. The product structure reduces the difficulties of buying, storing and insuring physical silver for investors. NAV for the fund is determined using the LBMA PM Silver Price (formerly the London PM Silver Fix), so the prices reflect the current spot market values, priced in USD. The majority of the Bullion owned by the fund will be held vaults located in Canada, with the remaining held in the United States of America and/or the United Kingdom.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous99.82%
Cash0.18%
SVR LongEntered here on this small pullback. Not my usual tactics, no point fighting the tide. Looks to have potential on weekly after breaking free from the sideways action. Left a large SL to allow a further pullback if I'm a little trigger happy.
SVR 1D Chart AnalysisHello again folks, this time we are going long in Silver. This is a good opportunity for all those who lost money within our RRSP or TFSA accounts to get some of it back!
For those of you who follow us, as per our usual technique of combining technical indicators with fundamentals we have gone lon
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Displays a symbol's price movements over previous years to identify recurring trends.