Silver Delivers Bullish Breakout

On Thursday we discussed how silver has been consolidating along the 50 day MA since mid April. Silver delivered a bullish breakout on Monday. Silver is currently in a daily uptrend. Breaking bullishly out of consolidation indicates a continuation of its daily uptrend and signals a cycle band buy signal.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.