goodguy

UPDATE: Silver (SLV)

Long
AMEX:SLV   iShares Silver Trust
2
Here is my current view of silver. I view the action from eary July as an expanding triangle (daily chart) that has produced a povistive reversal in the daily RSI. This leads me to believe there likely will be one more pop up before a major correction as there is a strong negative reversal in the weekly RSI. Hope this will be helpful. Process it throught your own analysis.. Have a great upcoming weekend.
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