Bearish Wedge in Silver - Likely to See $22

I’ve been bullish on commodities of late, but the recent action in iShares Silver (SLV) where a strong bearish wedge has confirmed to the downside, makes it more than likely that ETF will see $22 in the short-term.

So hold off on adding any new positions in this stock.

Here’s the technical analysis for SLV:

Silver SLV swing trade long

SOURCE: Stocking Silver

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