Dragon Claws
By Jesse Colombo
Although silver has been quiet in recent weeks, leaving investors puzzled, a bullish chart pattern now appears to be taking shape - indicating that the rally may soon resume.
For context, both gold and silver
A Key Pattern Is Forming In Silver (Technical Analysis)
Summary
- Both gold and silver have been in healthy sideways consolidations, taking a breather after strong runs earlier this year.
- About a month ago, silver finally broke out above two key resistance zones that had capped its gains for the past year.
- The move in the SSPI was one of the key confirmations I had been watching for, along with a breakout in silver priced in euros, which I’m still waiting to see.
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