March Comex Silver Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart for March silver futures that prices are in a solid downtrend. The recent pause is not bullish. A move below solid support at this week’s low of $15.93 would give the bears better downside momentum and it would also become a selling opportunity. The downside price objective would be $14.00, or below. Technical resistance, for which to place a protective buy stop just above, is located at this week’s high of $16.575.
