‘silver’ Archive

Silver hits triple resistance, this a melt down point?

silver slv resistance  may 19

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This chart was shared with Premium and Metals members yesterday afternoon.

The chart reflects that Silver and Silver ETF (SLV) are both testing triple resistance, inside of a falling channel at (1) above.

We also shared that this resistance test was taking place at the same time that “Dumb Money …

Silver- Large bearish reversal pattern (bearish wick) taking place

silver daily hitting resistance bearish wick april 21

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Let me start with this…One mornings action “Does Not” make a trend!

This chart looks at Silver over the past few years. Silver futures have done well to start this year. The 90-day rally has Silver facing 3-year falling resistance at (1). It is making an attempt to change …

Nasdaq to follow Silver and decline 30%+?

silverndxdoubletop years apart feb 8

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When assets reach prior highs, its time to pay attention from a Risk On & Risk Off basis.

The chart on the left is Silver, going back to the mid 1970’s. As you can see it reached $50 in the early 1980’s and then quickly reversed, losing over 90% of …