CLICK ON CHART TO ENLARGE
SLV is back at the top of its falling resistance channel, making a series of lower highs since last August. Each time SLV has hit this line it has declined in price.
Can SLV knock down this resistance line or is this just another time to take a short position, at resistance points (1) in the chart above?
–
Wow, right after the blog was posted, Gold and Silver started dropping like hell. Too bad I didn’t catch the opportunity.