SLV had a strong rejection at the first price target, the green trendline at $27.31. SLV had numerous failed attempts to rebound, and continues to trade lower. The red trendline is a key price target of interest around $23.31. The red trendline has been a long-term resistance level dating back to March of 2011. SLV could attempt to flip this red resistance line into support here.
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Investing decisions often hinge on timing – when to buy, when to sell, and when to hold, and with gold prices currently soaring to record highs, is now the time to delve into gold? Let’s start highlighting that gold has long been cherished as a way to grow and preserve wealth, and as we draw […]
Read MoreThere is an upcoming OPEC+ meeting in August, and the oil producing countries are unlikely to change their oil output. They are intentionally limiting the oil supply to help keep the oil prices more stable. I’m bullish on oil in 2025, but not so much in 2024 because oil prices tend to be low during […]
Read MoreSLV is lagging behind GOLD, but is forming a bullish breakout above the first key resistance target at $27.31. I have $33.77 my next key price target whenever SLV starts to rally. We are seeing a lot of green but little upside. Follow me on social media: https://linktr.ee/realchartchamp
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Investing decisions often hinge on timing – when to buy, when to sell, and when to hold, and with gold prices currently soaring to record highs, is now the time to delve into gold? Let’s start highlighting that gold has long been cherished as a way to grow and preserve wealth, and as we draw […]
Read MoreThere is an upcoming OPEC+ meeting in August, and the oil producing countries are unlikely to change their oil output. They are intentionally limiting the oil supply to help keep the oil prices more stable. I’m bullish on oil in 2025, but not so much in 2024 because oil prices tend to be low during […]
Read MoreSLV is lagging behind GOLD, but is forming a bullish breakout above the first key resistance target at $27.31. I have $33.77 my next key price target whenever SLV starts to rally. We are seeing a lot of green but little upside. Follow me on social media: https://linktr.ee/realchartchamp
Read More