Commodity Trade Mantra

Posts Tagged ‘SLV Shares’

Silver Prices Expected to Slide Further - But Won't Stay There for Long

Silver could be setting up for another near-term slip prior to resuming its long-term bullish trend as this week progresses. In the absence of any significant shortcomings in the US data, silver prices should have some substantial downside potential in the coming weeks. The long-term bias remains bullish so don’t expect to see the metal stray far below the 17.849 mark.

Silver Prices Poised to Surge

The bottom line is that silver prices are poised to surge big. Silver is carving a major bottom after a brutal bear market, and investors and speculators have already started to return despite the incredibly-bearish sentiment. But stock traders & futures speculators still have a lot of silver buying left to do – And it will likely unfold fast.

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