This Past Week In Silver: April 24th, 2016
Jack Chan | Apr 24, 2016 06:12AM ET
iShares Silver (NYSE:SLV) – on buy signal.
Silver remains on major sell signal, however, prices are now at 200ema support and a major buy signal can materialize in the months ahead.
Speculation once again is at levels of previous tops.
Summary
Silver is on major sell signal since 2011.
Short term is on buy signal.
COT data suggests lower prices overall.
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