Silver's on a tear lately—SLV just popped over 5% today, hitting around $87.75 in that screenshot you shared. From what I'm seeing, it closed yesterday nearer $84, so yeah, solid jump tied to spot silver pushing toward $93-96 range.
#traderARmalik3520 The chart's showing those moving averages curling up nicely, with price breaking higher on decent volume. It's been a wild ride this month alone, up from mid-80s swings to this level—silver's basically doubled in value over the past year or so.
Not saying it's unstoppable, though. These moves can reverse quick if industrial demand cools or the dollar strengthens. Still, interesting times for anyone tracking precious metals. What's your take on where it heads nextSilver's on a tear lately—SLV just popped over 5% today, hitting around $87.75 in that screenshot you shared. From what I'm seeing, it closed yesterday nearer $84, so yeah, solid jump tied to spot silver pushing toward $93-96 range.
The chart's showing those moving averages curling up nicely, with price breaking higher on decent volume. It's been a wild ride this month alone, up from mid-80s swings to this level—silver's basically doubled in value over the past year or so.
Not saying it's unstoppable, though. These moves can reverse quick if industrial demand cools or the dollar strengthens. Still, interesting times for anyone tracking precious metals. What's your take on where it heads next?