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Will Silver (SLV) Pop After Its Drop? | The Mesh Report

Will Silver (SLV) Pop After Its Drop?

Mike Hammer January 7, 2020 Comments Off on Will Silver (SLV) Pop After Its Drop?

Silver “enjoyed” quite a pop from the US-Iran clash. Now that everyone’s taken a deep breath – at least, everyone trading metals – what’s the scenario from here?

As always, first the chart – this time for SLV, the unleveraged silver ETF that trades on US markets.

What the chart of SLV says is silver probably got a little too over-extended in the short term.

Continue Reading At The Gold Enthusiast



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