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dpuleo19

Will silver follow copper? $SLV

Long
iShares Silver Trust (AMEX:SLV)  
dpuleo19 Updated   
AMEX:SLV   iShares Silver Trust
Trend Analysis Chart Patterns Technical Indicators SLV CPER materials Metals breakout
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trendanalysis chartpattern indicator slv cper materials metals breakout
Metals have been performing pretty good, DBB is up +21% in the last 6 months and above its 200-day MA

The copper ETF, CPER is up +12% in the last month and breaking out from resistance.

Could SLV follow up? and after silver could IAU ?

I'll wait for the breakout above $22.50 with target at $26.

Comment:
$IAU had already broken out!

It may need to pause for a couple of days, my eys is in $SLV.
Comment:
Break below support line of the handle, still waiting for the pivot buy.
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