Silver Price Exclusive Update

February 2, 2019

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.

Silver has confirmed a bottom, and now with trendline support established.

The Canadian dollar has broken out of its multi month correction this week.

A rising loonie is supportive to the resource sectors of metals and oil.

Summary

Long-term – on sell signal.

Short-term – on buy signals.

Cycle is up.

A tradable bottom remains in place and the trend is up.

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

Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

Silver Phoenix Twitter                 Silver Phoenix on Facebook