Exclusive Silver Update Shows Price Continuing To Consolidate

December 7, 2019

Silver is on a major BUY signal.

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.

Speculation is now at a reasonable level to resume its uptrend.

Summary

Long-term – on BUY signal.

Short-term – on sell signal.

Cycle is up.

The multi month correction continues, but should be close to completion.

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.

We also provide coverage to the major indexes and oil sector.

********

 
Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

Silver Phoenix Twitter                 Silver Phoenix on Facebook