Silver Max Move Level: SLV

The commodity silver continues to skyrocket, now up over 100% from the March 2020 lows. This epic move has more to do with money printing/Dollar decline as well as investor demand than higher demand for the metal from industry. The SLV max move level is found by noting the pivot lows from the 2012 lows as well as a major gap fill from 2013. The SLV max move sell price is $25.25. There will be epic resistance at this level.

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