Silver Price Exclusive Update

October 23, 2021

Silver is on a long term 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.

COT data is in bear market values.

Support is holding.

Summary

Long term – on SELL signal.

Short term – on buy signals.

We are now long in gold ETFs.

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.

********

Silver has the highest electrical conductivity and heat of all metals.

Silver Phoenix Twitter                 Silver Phoenix on Facebook