SVL 1.12% 8.8¢ silver mines limited

Maybe it is time to buy more SVL!, page-614

  1. 655 Posts.
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    Thanks HCuser3!
    A breakout from a triple top is quite significant. I've checked the latest analysis from FXEmpire which supports your view.

    Silver Technical Analysis: Kenny Fisher
    "The key 18.00 level remains an immediate resistance line. Above, there is resistance at 18.60, which is protecting the 19.00 line. On the downside, the 50-EMA line is at 17.52, just above support at 17.50. If silver breaks through these lines, the metal has room to fall as low as 17.00, which is the next support level."

    https://hotcopper.com.au/data/attachments/1928/1928602-5e8e41223678c7af8beb63598498877f.jpg
    I still think Spot Ag will meander upwards over the next few months. $17.84 atm.
 
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