SILVER - TOP 10 - SAFE HAVEN -
Added 2025-05-21 09:44:06 +0000 UTCSilver has been holding very well and we got a second test of the 0.38 Fib at $31.66 and bounced now.
This abc pull back could be complete now and we have a break above a resistance line that has been in place since March.
What I would like to see next is a break above the First Target and holding at $33.70
This has been a strong resistance level since October '24 and our First Target since we identified this structure in March '24.
So holding above this level will allow the price to move higher to our Wave 3 target at the 1.618 Fib at $41.
Silver has been been a solid hold for us to protect our capital during a volatile market and still up +12% YTD.
Comments
Is this a good time to add silver ?
H
2025-05-22 03:37:05 +0000 UTCDoes this work in the same manner for SLV too?
Ronnie
2025-05-21 14:16:15 +0000 UTC
