Wednesday, July 20, 2016 9:47:59 AM
Silver is taking a beating in early trading today. The ETF iShares Silver Trust (NYSEARCA:SLV) is dropping by over 2%. Investors are wondering where it will find significant support? The chart below shows it perfectly, with a gap fill and up-sloping trend line meeting perfectly at $17.85. Look for the SLV to head there before it finds major support and bounces.
Chart: https://verifiedinvesting.com/uploads/files/SLV07.20.16.JPG
Gareth Soloway
InTheMoneyStocks
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