NFTRH+; Clear Objective/Resistance for Silver

A simple update to note that while the silver price is still in wedge/handle breakout mode and nesting atop the moving averages, it is dealing with clear resistance. The silver price needs to take out 31 and the previous high of 32.32 to bust bullish and make the target of 42 a clear and present objective.

Silver price

It would also be helpful for the Silver/Gold ratio to do something definitive, like break its channel and take out the SMA 50, to firm up the bull case.

Silver/Gold ratio

Gary

NFTRH.com