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Friday, March 29, 2024

Another opportunity to short Silver?

Courtesy of Chris Kimble.

CLICK ON CHART TO ENLARGE

SLV is back at the top of its falling resistance channel, making a series of lower highs since last August.  Each time SLV has hit this line it has declined in price.

Can SLV knock down this resistance line or is this just another time to take a short position, at resistance points (1) in the chart above?

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