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Silver Smashes Resistance on Way to Breakout!

silver breakout

Silver has smashed through the $24.50 resistance line I outlined last week. As we speak, it is challenging weak resistance at $27, and the next stop after is $32 per ounce.

I examine the futures data, and inflows to SLV, to show why silver is in a major bull run.

We also talk about chances for a pullback in silver based upon past trading history.

And we cover the concept of Force Majeure again for the futures market.

 

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