Silver – Where is the Silver Lining?

27 Mar - Silver 4 Hr

(Click on image for larger view)

Hi All,

It’s been a long time since I looked at Silver. As you can see, price has not moved much for awhile. Nonetheless, that is exactly why I am interested.

As shown in the 4 Hour chart above, this precious metal has been ranging for a long time – the False Breakout (on 1st March) was probably the most exciting event. As they say, the longer price ranges, the more powerful the breakout will be when it breaks. For now, I am going to sit and watch. Let’s see what price action has to offer, ideally, the best set up is when I can find a false breakout or a breakout pull back.

Thank you for reading and happy trading!!

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