Silver Miner ETF (SIL) has been consolidating for 10 months. In the next few months, the ETF may start the next major breakout to the upside The key areas remain to be around $52. A break and close above this level could start the next major bullish rally. The ETF still remains to be one […]
After Gold made new all time highs in August 2020 the precious metals sector got a much needed incomplete bullish sequence confirmation. Aftermath Silver Corporation is in a good spot to take advantage of possible USDX weakness, and precious metals strength in the future. It is a penny stock, and as such, has a very […]
An increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to replenish stockpiles to keep up with demand and higher input prices. However, central bankers still argue that price gains are transitory. They claim it will […]
Silver rallies from March 31 low as an impulse favoring further upside. This article and video look at the short term Elliott wave path for the metal.
$SLV Silver ETF Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45 that has not since been taken out in price. It could have been up until The point of […]
Silver is still correcting as a zigzag from February 1 peak. This article and video look at the short term Elliott Wave path.