Silver Price Exclusive Update

Silver remains on a major BUY signal at the end of December.

Major signals can last for months and years and are suitable for long-term investors.

SLV is on short-term sell signal.

Short term signals can last for days to weeks and are more suitable for traders.

COT data is not definitive at this point, as speculative long and short positions are too close to each other.

Upside target is $33 with support near $20.

Summary

Long-term – on BUY signal as of end of December.

Short-term – on sell signal.

A pullback is in progress.

We are holding long-term positions.

Disclosure

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

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