Silver is now again targeting its long term descending trendline. Here is the monthly chart again:
Comment: As you can see, during the last 6 months, we have had 4 monthly hammer candlesticks and that is definately a sign of a lot of pressure against the current price. So watch this carefully, if either gold or silver will break out, the other will follow, for sure.
Ususally, gold takes the lead and then silver will overperform, that has been the pattern historically.
https://steemit.com/@alibhai
great information.
Good post, let us watch.
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