Silver finds itself close to the end of an ascending triangle, that may well have the Silver bulls and bears frustrated. Ascending triangles two-thirds of the time lead to higher prices.
Key to this chart (see below)…
Follow the breakout….it should be a great trade to ride!
If the breakout is to the downside, ZSL should do well for those that are open to scoring on defense.
Gold Update…GLD
I have SLW & SVM silver and am up now. Thanks for your charts.
silver breakout comment on 8-18 — i am a newbie — just found your comment through Phil stock world link — is it too late to get in silver, would I be chasing at this point. What ETF should I get… or use miner instead what miner would you recommend. Thanks