Exclusive Silver Update Shows Price Continuing To Consolidate

March 7, 2020

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 on silver has reached level of previous bottom.

Summary

Long-term – on BUY signal.

Short-term – on sell signal.

Cycle is down.

COT data is now favorable for overall higher prices.

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.

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The word ‘silver’ originates from the Old English Anglo-Saxon word 'seolfor'

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