Market Update on Silver (XAG & SLV) 4/13/2018
Lo and behold the 16.486 level held and we got a low volume push to 16.65 which is interesting considering volume vs magnitude of the rise. What does this mean? Hmmmm?
Drilling down to a 3m chart I don't see much selling volume at all but we do see a small deflection off resistance. What does this mean? Hmmm.
On a 3m chart of SLV we have the same phenomena. What does this mean? Hmmm.
I say hold and observe, watch for choppiness to ensue.
Chop Chop
Urgh!