Exclusive Silver Update Shows Price Still Bottoming

May 2, 2020

Silver is on a major SELL signal.

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

SLV is on short-term buy signal.

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

Speculation actually dropped despite higher silver prices.

This week’s data N/A at time of update.

Summary

Long-term – on SELL signal as of end of April.

Short-term – on buy signal.

Cycle is up but topping.

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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The melting point for silver is 961.93 °C - 1235.08 °K

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