Silver has now traded strongly since December 26th, when it broke up through USD 14.90 resistance.
Totally, the upturn has lasted 44 tradingdays and + 10.40% since it found the 13.90 level low on November 14th. This proved to be a retest of the September 11th low, and thereby forming a double bottom.
Going forward, the industrial metal needs to trade outside its current 8 days long tight trading-range...and follow through to determine next course.
As for the remainer of the week, Thursdays and Friday historically shows to be strong intradays. Time will show, and always remember stop loss wherever preferred.
2019-01-16 23:13 | Silver