Key big picture support for Silver

The monthly chart of the silver price offers two alternatives

Excerpted from NFTRH 709:

Here is silver’s view using a monthly chart. To this point we have used a daily chart to express the importance of the 22 area resistance [as noted on daily charts], which must be overcome (current: 21.93). But the bigger picture shows support at 18.25 and 21.25. The post #silversqueeze (how sad that was for those duped) era has been difficult, but silver is not at all broken. To me a clear question would be ‘rally from 18.25 or 21.25?’ Until 22 area resistance is taken out with authority it’s still a valid question.

silver price (monthly)

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