SLV And PSLV: Emerging As Strong Buying Opportunities (Technical Analysis)
Summary
- The increase in Personal Consumption Expenditure (PCE) indicates an inflationary environment, which is favorable for silver investors.
- The recent decline in silver prices has returned the market to the favourable buying range of $19 to $20.
- The appearance of a bullish hammer at a long-term support coupled with other supports indicates a strong opportunity for investors to buy silver.
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