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April 4, 2024

AGGRESSIVE BUYING IN SILVER AS POWELL ITCHING TO CUT RATES

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Fueling Positive Sentiment

Please click here for a chart of silver ETF (SLV).

Note the following:

  • The chart shows aggressive buying in silver.
  • Silver ETF SLV is in the ZYX Buy Model Portfolio.  The position is nicely profitable.
  • The chart shows silver is breaking out of short term resistance.
  • Significant overhead resistance is ahead that was created when the meme crowd went crazy in 2020 and 2021 and bought all the physical silver they could.
  • In part, what happens to silver will depend on if the meme crowd goes crazy again.
… Please click here or the title below to read more.
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