iShares Silver Trust
Long

SLV - More Downside Expected

75
Silver is in the midst of an apparent A-B-C corrective wave that could fall as low as 22 while still maintaining a long term up channel. Most likely bottom would be around 25 with a C = A relationship. Good time to pick up some physicals as many expect that China demand and a general silver shortage can boost prices to new all time highs. Some are even predicting triple-digit prices ahead.

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