Market Update on Silver (XAG & SLV) 4/16/2018
I'm going to choose to chart a bullish case for silver because you can't have a bearish interpretation if price has generally been rising for 11 days. So I'm going to catagorize what we are seeing as a break-out to the upside from a descending wedge. We shall see if that interpretation holds up. You can trail your stops if you are uncertain about price action.
Drilling down to a 3m chart internals look hot and sexy for a push up to the next level. Lots of green bars all in a row with steady volume.
SLV in the hunt to touch immediate upside target of 15.94 with style.
express train
Uh-oh
Still Uh-oh
https://steemit.com/lotto/@fairlotto/fairlotto201804170000573732