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Silver

23 Mar 2021 ‚óŹ 10:30 AM

While I like Silver long term the risk to silver from the rising dollar is as follows. It has not broken past the falling trendline from the Feb top yet, and that line is at 26.50 as of now. If prices do make a lower low they may go to the lower trendline of the lows near 24.50, but in doing so the entire advance from the Nov bottom will become A-B-C and that means we cannot even rule out a move back to the Nov low near 21.80.

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