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Silver Is On A Major Buy Signal

By Jack ChanCommoditiesOct 02, 2016 02:52AM ET
www.investing.com/analysis/this-past-week-in-silver-200156581
Silver Is On A Major Buy Signal
By Jack Chan   |  Oct 02, 2016 02:52AM ET
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SLV iShares Silver Trust NYSE Chart
SLV iShares Silver Trust NYSE Chart

iShares Silver (NYSE:SLV) – on buy signal.

Silver Continuous Contract (EOD) CME Chart
Silver Continuous Contract (EOD) CME Chart

Silver is on a major buy signal.

Silver NY Chart
Silver NY Chart

Speculation remains near all time high.

Summary

Silver is on a major buy signal.

Short term is on buy signal.

As long as speculation remains robust, silver prices will remain firm.

Silver is more volatile than gold, manage your risk.

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. We also provide coverage to the major indexes and oil sector.

Silver Is On A Major Buy Signal
 

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Silver Is On A Major Buy Signal

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David Lee
David Lee Oct 05, 2016 10:52AM GMT
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Is silver still in a major buy signal after yesterday's (10/4) crash?
 
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