SLV short term trend
Just discovered SLV is forming a triangle pattern at this resistance level ($25). Something to look for:
Case 1) A good entry point in the next couple days if the price remains in this area
Case 2) Price would be less volatile approaching the end of next week
If 1 and 2 are true, the price likely goes up and tests the previous high (above $27).
P.S. I still own the positions I opened from March and May earlier this year and remain bullish on it. Will keep update on this prediction.
Case 1) A good entry point in the next couple days if the price remains in this area
Case 2) Price would be less volatile approaching the end of next week
If 1 and 2 are true, the price likely goes up and tests the previous high (above $27).
P.S. I still own the positions I opened from March and May earlier this year and remain bullish on it. Will keep update on this prediction.
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