Silver . How low can it go?

It resting now on monthly support 19,35. Is it a buy?

 

Do you think it's a buy?

There is currently almost no volatility in gold or silver.

 

I think its a good buy 1/3 of total position for long term ,it might go lower to 13-14$ ,even 9$ ,who knows,so etf probably best

 

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Good gain comment, gain trender//gain power;
I study silver trends a a good bit;
$$17.76 has held real well, not a prediction.

Some retailers sell below cost, just to get you in the store;
not likely silver sells below cost much; but again, not a prediction. LOL Long term trend is UP.................................................................................................................................

 

I changed my mind I think it willl go lower and lower ,around 12.60 good buy

 

Oh, look silver is plunging , SnP is next

 

I been short silver since 2011, lots of rollovers. I think it will eventually go under 15.00. Just looking for rallies to sell. and have done some Put Credit spreads.

 

wow . quite a trade, wonder what made you so confident, timing a bit off though.
looks bleak days ahead for silver and gold, copper as well.
gl

 

I don't know about bleak.

Most of my career, Silver rarely got above $7. It's had a nice run, but commodities usually have a super-run from time to time. Heck, this run in Silver was nothing compared to Sugar back in the 70's / 80's

 

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You may know something i dont; but it sounds like he simply is bearish from $50 area.LOL

Copper does look more downtrending than silver.
5 silver year candlechart still looks uptrending, not from $50 area/LOL; but looks bullish/uptrending from 5 year + 10 year donchian channels.$17.76 will probably be a bottom area, not a prediction.

Sure, silver could go to $17.77/+;and some buy copper for[pure] pennies on dollar.