I don't think it is over, but there is some support likely to get tested soon for Silver (SLV)
Watching for a move down into the mid-50's on Silver (SLV).
There are days in the market that test your resolve, and today is one of them. If you have been watching silver, you know exactly what I mean. We are seeing an aggressive move lower that is triggering panic selling. Fortunes are being won and lost on this kind of volatility. It is ugly out
SLV down 24% right now, and testing its rising trend-line.
Silver is surging fast. The SLV ETF has exploded to new highs in what some are calling a parabolic rally, and others are comparing to tulip mania. With the momentum running hot, it begs the question whether this is sustainable, or due for a brutal reversal? In my latest video, I cover: SLV’s daily and
Silver (SLV) pulling back to its rising trend-line from November. Yet to show a sign of bouncing though.
Silver’s Epic Rally — What It Means for SLV Silver is on fire. In 2025, prices have more than doubled, pushing to record highs above $70 per ounce and lifting the iShares Silver Trust ETF (SLV) to multi‑year peaks. This parabolic move has drawn attention from both precious metal bulls and short‑term traders. But parabolic
$GLD attempting to put in a new higher-low, following FOMC. $SLV bouncing off of the rising trend-line, suggesting it doesn't believe inflation is over. $PFE breaking through some major support dating back to 2015 this morning.
$MARA on a gap higher like this, gotta take some profit off the table in order to reduce risk. 5-day moving average would be my key on the trade. A close or hard move below and I would exit the trade. This resistance has been strong against price when it comes to $SLV. Fourth straight
Another breakout for $GOOGL looking really strong here against this tape today. Â