This Past Week In Silver: Major Buy Signal
Jack Chan | Aug 01, 2016 12:38AM ET
iShares Silver (NYSE:SLV) – on buy signal.
As anticipated, silver is now on a major buy signal, ending the sell signal from 2011.
Speculation remains at the all time high.
Summary
Silver is on a new major buy signal.
Short term is on buy signal.
Silver is now vulnerable to a multi week correction which is long overdue.
Caution is advised.
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