Market Update on Silver (XAG & SLV) 4/30/2018
So we are squarely back in the running flat at least for now. What we just saw is a test of the lower support in the range and by now everyone knew what to do...buy it! So where do we go now?
Drilling down to a 3m chart we are already testing the upper band of immediate resistance. If we break above here look for a V-shape recovery in price. If not, look for a retest of the lower support.
SLV looks just as psychotic...
lots of red
Short-sellers having their genitals placed in a vice at the moment
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