ClearValue Team Insights
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USOIL Trending Down, Trading Within the Light Blue Channel
USOIL had some moderately bullish price action in the month of February, and is starting to trend down in March. USOIL is still trading within this light blue resistance channel. The lows of this channel are around $74-75. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreSLV Trading Below a Strong 11 Year Resistance Level
$SLV has also started showing some bullishness, but GOLD is definitely outperforming SLV. Currently SLV is trading near an 11 year red resistance line with resistance around $22.50. GOLD had a bullish breakout, I would monitor SLV for a breakout or rejection here as well. ChartChamp socials: https://linktr.ee/realchartchamp
Read MoreGOLD At New All Time Highs
$GOLD has been very bullish in the month of March. There has been a bullish breakout above the yellow resistance zone, and GOLD has already formed a bullish breakout above the light blue resistance line as well. GOLD is now at a new all time high, and GOLD’s bullishness should raise some concerns for a […]Read More