SLV price action is constructive. Fib level holding with MACD and RSI looking favorable. Looks like $15.50 is the line in the sand and coincides with a solid FIB correction level. This is a weekly chart with 50 day moving up through 100 day. Volume drying up on correction phase. Impulse leg that began move up has me looking for $20 over the next three months or so as the uptrend continues.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.