Silver - Crash or a buy? $16 has a little resistance....steemCreated with Sketch.

in silver •  7 years ago  (edited)

Silver has been sold off quite heavily the past few days.  

This chart is showing $16 resistance and we are watching to see if sellers move in and break major support at 15.74 

![Silver-breaks-support-7-6-17.png]()


Watch for weakness on the buyer's side.

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I think at these prices, its always a good buy for long term holdings :) If it goes lower, buy more!!

How is it possible to trade below the cost of production?

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Flash Crash occurred at 4:07 EST
Volatility coming on.