Silver Price Exclusive Update

August 18, 2018

Silver is on a major buy signal since early 2016.

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 is now at levels of previous bottoms.

Summary

Long-term – on long term buy signal but may change at month end.

Short-term – on sell signals.

We are holding silver ETF for now.

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.  www.simplyprofits.org

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

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