The Moment of Truth in Silver is near!

in steemsilvergold •  7 years ago 

My fellow Steemians,

Since 2011 the silver price is trapped in a downward channel, but the last 2 years there are some positive developments.

At the beginning of 2016 Silver managed to put in a firm bottom and since than the silver price is forming higher lows.

As you can see on the chart from Kimble Charting, the Silver price is struggling for years with the resistance line.

If the resistance line breaks, we will have a trend change that will attract buyers to the silver space!

Thank you for reading!

https://slimbeleggen.com/trends/let-op-moment-waarheid-zilver-is/

steemsilvergold investors-group silver investing money
7 years ago by

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      ·  7 years ago 

    Silver broke this trendline, in its daily charts, on June of 2016

    fbig_6-04-2017_silvers-broken-longterm-falling-trendlines.jpg

    Kimble Charting uses Weekly Futures Charts, I use Real-Time Daily Charts.

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    2 votes
    [-]
      ·  7 years ago 

    The weekly chart are used to filter out the short term noise in the markets and to show the long term trend. Thanks for showing your chart. Followed and upvoted ;-)

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    1 vote
    [-]
      ·  7 years ago 

    thanks for vote @worldround420. i follow, upvote and comments

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    1 vote
    [-]
      ·  7 years ago 

    Thanks for nice post. I followed you as well.

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      1 vote
      [-]
        ·  7 years ago 

      Congratulations @chinchilla! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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        [-]
          ·  7 years ago 

        Nice sharing my friend, thanks visit on my blog

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          [-]
            ·  7 years ago 

          Thanks for share this . DEar friend you have a new follower . Help me to grow up in Steemit . Thanks

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            [-]
              ·  7 years ago 

            Thanks for share this post . You have a new follower :-) Thanks

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