Silver Price Exclusive Update

September 5, 2020

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

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 supports lower prices overall.

Summary

Long-term – on BUY signal as of end of August.

Short-term – on sell signal.

A correction is in progress.

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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US silver mining began on a large scale with the discovery of the Comstock Lode in Nevada in 1858.

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