Silver Price Exclusive Update

May 22, 2021

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

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.

COT data is supportive for overall higher silver prices.

Silver has found support, and has resistance at 33.

Summary

Long term – on BUY signal as of end of April.

Short term – on buy signal.

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

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