Silver Attempting To Break Multi-Year Support

in #money • 4 years ago

Silver Monthly Chart Silver Monthly Chart

I’m a huge fan of frequently looking at very long-term charts. With that in mind, today I want to take a look at Silver over the past 45-years, on a monthly basis.

Silver looks to have Double Topped back in 2011, as it continues to work itself lowe since then.

Silver has traded sideways the past few years, inside of the blue shaded box.

Silver this month is attempting to break below this multi-year trading range at (1), which if successful, sends investors a fresh bearish message.

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#commodities #trading #investing
4 years ago in #money by
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