Crucial Success For Silver

www.investing.com/analysis/crucial-silver-success-200125610

By Tim Knight | Apr 19, 2016 09:16AM ET

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About a week ago, I offered a post on silver which suggested that, should it push past its horizontal resistance, the completed inverted H&S pattern would send it roaring up to its trendline. I’ve tinted the trendline below, although this certainly isn’t a specific target; it’s just there to give you the idea.

Silver Price Chart

The good news for silver bulls is that last night’s action did exactly what was needed: the neckline has been breached, and silver is roaring higher.

Silver Price Chart 2

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Crucial Success For Silver

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