Looking at SILJ (Junior Silver Miners) on a weekly candle basis, we can see that we are respecting the current arc that has formed since August 2020, silvers high.
This looks really bullish from a technical level. We just need to make sure we can exit this arc at around $17 and resume the upside to a target of $19.70.
Some thoughts on Silver Junior Miners, as expressed through the SILJ ETF.
Silver's long term forecast is impressive, but it's short term as an SOV / Industrial Commodity will be choppy, as it's picked up and dropped on whims.
But remember, always DYODD!