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Silver futures are soaring higher, pushing through $34.75 with a sizzling $1.72 jump today!
Silver has an explosive looking chart here. Resembling an ascending triangle as the handle of a cup/handle pattern. Extreme high gold/silver ratio. I remain considerably long and believe Silver is readying for a major thrust over the next month(s).
Volume exceed price, RSLV had highest volume trading for the past four months of sideways trading.
This generally indicates a strong market sentiment, and it is very bullish. Higher volume typically means better liquidity. A spike in volume can also precede significant price shifts, making it helpful in determining the the end of the bottom fishing.
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