I have updated the trend channel (green) from the original post with a new channel (blue) that has formed as a result of last week's break. I closed my long positions on the break of the channel. The move also violated the 200-day moving average and the 50-day moving average in overnight trading. Read More
Silver has been consolidating into a bullish falling wedge, but is now pressing up against falling channel resistance, horizontal resistance (prior support) and the 200-day moving average. This triple resistance is a formidable Maginot line.Read More
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