MaDLabbit
02-04 16:41
$XAG/USD(XAGUSD.FOREX)$  $iShares Silver Trust(SLV)$  Silver after big fall, now it is at a critical resistance level At $90. It needs to recapture $100 by end of this week to keep the bull alive if it does nto capture $100 then in the short term it could fall to $54 before bouncing again. So now capturing $100 to keep the momentum alive! Are you still holding silver? Or have you paper hand? Long term I'm Super bullish for silver. I expect it to hit $300 before trump terms end. What do you think?
Silver -14%! Continue to Short To $60?
Precious metals sold off sharply in Asia. Spot silver plunged 14%, breaking below $76/oz, while gold slid over 2.5%, falling through $4,840/oz. Easing geopolitical tensions in the Middle East and U.S.–China relations, combined with resilient U.S. economic data, reduced safe-haven demand. How do you view Silver's plunge? Would it decline further to $60 or $50? Have you taken profits? What price would be adding chance?
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Comments

  • CayChan
    02-05 11:22
    CayChan
    The $54 you mentioned in the post is xag/slv price?
    • CayChan: 
      Wow, if Xag price at $54 then slv price almost down to hole [Facepalm][Facepalm]
    • MaDLabbit: 
      XAG. As the previous all time high will be a very strong support level. If it fall to that level then I expect a very strong bounce
  • dong123
    02-04 17:19
    dong123
    Still holding silver! Bullish for $300 target, mate. [看涨]
  • TCT
    02-04 19:02
    TCT
    good share. silver is a high speculation product. No risk no gain
  • Chinny92
    02-05 13:32
    Chinny92

    Great article, would you like to share it?

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