See the chart, the bearish market has ended in the passed 4 years. A bullish bat was completed. The price is still on the floor, it's a time to buy. After breaking out the "Kijun sen", a middle or large Green Bar will appear in weekly chart. Mar.-Sep. is always pick season for silver, with industrial production picking up, have to favour silver, relative to gold at least -- as long as industrial demand keeps growing. Keep watching on the recovery of China PV industry and the electronic industry.
Trade ist aktiv
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Just an update of news, which is positive for silver. In the coming five years, China will add 15 million kilowatts to 20 million kilowatts of photovoltaic power each year, continue to maintain the world's most robust growth. In the period, the solar power industry is expected to be significantly improved. Global PV manufacturing capacity expansion notice to 7.3GW in March
Hi Faylee , may you update your post mentioning the last 6 months improvement in Silver chart and what are you expectation depending on the chart you have posted one year before.
Thank you
Jia_En_Cai
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nice
AdrianM
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Do you think this analysis also holds for SLV or PSLV?
faylee
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I'm holding some long positions for silver, cost is 14.9. After breaking 16, I'll continue to buy in.
Thank you