Perhaps. I have drawn two support lines at $14.40 and $13.04 on this monthly chart I will begin accumulating shares between these two points. On a shorter timeframe there is still some room and time needed before a resumption of the uptrend. This truly was 3 forward and more than 2 back. I think we are close. Gold silver ratio went parabolic. Silver's time is coming. Don't miss it!
Note
Silver has not confirmed its bull market yet as the downtrend line from 2014 has not been taken out. Silver's bull should be a slow process and MACD and RSI suggest it may take several months before a real turn up will happen. Be patient. It's coming.
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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.