JamesRennie

As silver spot nears silver physical

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
With price now at 18.293 it's well on it's way to physical prices that sit around $20. It's possible to test the last 2 tops around 18.60 today. I'll be watching for any signs of resistance this week to better draw out short term moves. I do expect that $20 will act as resistance though I don't know if we will she a but of large green candles up or a switch to another horizontal move.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.