In the last update I discussed how SLV had a successful breakout, and the price target has reached the exact target of $27.31. There has been a selloff from the Iran FUD, but I think SLV can rebound and continue to trend up towards the other price targets.
Previous SLV Update:
The rejection exactly at $27.31:
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Let’s be honest—most people don’t wake up thinking about silver. But after diving deep into the numbers, I believe we’re sitting on one of the most overlooked investment opportunities of our time. With inflation eating away at savings, stock markets hitting new highs daily, and global uncertainty everywhere you look, investors are scrambling to find […]
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URA has been trading within a range between $18.41 and $32.61. There is resistance at the red trendline, and URA continues to make more attempts to break through this $32.61 resistance level. I think there will be a bullish breakout eventually, for now I would monitor $32.61 for a breakout or continued rejections. Follow me […]
Read MoreSLV has formed a correction, and is approaching a $27.29 support level. I think $27.29 needs to hold otherwise SLV can trend down to the red trendline around $22.55. GOLD has been more bearish relative to SLV so I think there’s hope of $27.29 holding for now. Follow me on social media: https://linktr.ee/realchartchamp
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Let’s be honest—most people don’t wake up thinking about silver. But after diving deep into the numbers, I believe we’re sitting on one of the most overlooked investment opportunities of our time. With inflation eating away at savings, stock markets hitting new highs daily, and global uncertainty everywhere you look, investors are scrambling to find […]
Read MoreURA has been trading within a range between $18.41 and $32.61. There is resistance at the red trendline, and URA continues to make more attempts to break through this $32.61 resistance level. I think there will be a bullish breakout eventually, for now I would monitor $32.61 for a breakout or continued rejections. Follow me […]
Read MoreSLV has formed a correction, and is approaching a $27.29 support level. I think $27.29 needs to hold otherwise SLV can trend down to the red trendline around $22.55. GOLD has been more bearish relative to SLV so I think there’s hope of $27.29 holding for now. Follow me on social media: https://linktr.ee/realchartchamp
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