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Silver - Spot Price

01/14/2021

This is my latest Silver chart which shows it is starting another up leg.

 

03/18/2020

I found a long-term trend line that coincided with Silver's March low.
I like the three touches at the 2008 low.
So, it looks like strong support.
I do not expect a price lower than it.

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07/22/2020

That March low held & here's Silver's historic breakout.


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Manipulation in Silver is sore spot with me as I have suffered through
failed breakouts & smashed support lines since 2011.
The regulatory authorities are too timid  to enforce the law
but I think the coming shortage will make what's happened in the past meaningless.

Here is a typical "Banging the Close" that occurred on Jan 4, 2016.
I have watched it happen too often for it to be chance many times since 2011.

It is not much, but it is a small psy/op designed  to quell enthusiasm.

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