Commodity Trade Mantra

Posts Tagged ‘RSI Overbought’

Silver Breakout Indicates A Dramatic Bull Move Higher

Silver prices on a weekly basis have broken above the six month forward looking average, indicating that trending behavior could result. The silver breakout shows like it could begin a bull move higher. While silver might be on a bull market run higher, there could be intermediate bumps in the uptrend and a potential re-testing of the break-out region.

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