Silver Price Exclusive Update

June 19, 2021

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

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 suggests a near-term consolidation.

SLV has support just above #20.

Summary

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

Short term – on sell signal.

We closed out our positions this week with good profits.

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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Peru became the world’s largest producer of silver in 2012.

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