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Silver chart looking much better

jim4silver

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If you look at the chart, the downward trend line has finally been broken to the upside. May still take a while, but I see this as a good sign for future upward movement. Whomever will say that charts don't matter anymore because the price is "manipulated" is wrong, by the way.

Technical Silver Charts and Data - London Fix

Just my opinion.

Jim
 
Charts on precious metals aren't irrelevant because of 'manipulation'.
They're irrelevant because they lack relevance and actionable insight.
 
I just hope it goes up. Once it hits a certain point I'll sell. Not going to follow charts, but I do research some. A blind squirrel finds a nut once in a while!
Wicky
 
Needless to say, the silver chart looks even more promising today than yesterday. That could change fast though.

Jim
 
Making a MOVE Last week I purchased Amex 5 oz bars at 117 Today the ask is 137
 

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