December Silver Futures a Buying Opportunity on More Price Strength
See on the daily bar chart for December silver futures that prices are in an uptrend and have seen a bullish upside “breakout” from the recent pause in the uptrend. Bulls have good upside momentum. A move above technical resistance at Thursday’s high of $21.67 would become a buying opportunity. The upside price objective would be $23.25, or above. Technical support, for which to place a protective sell stop just below, is located at $20.89.
