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TFC Commodity Trading Forum

March Silver/ Bumping up Against its Downtrendline *PIC*

March Silver has rallied back to its downtrendline resistance from Sept. This is also a price resistance point.Technicals are still bearish. Seasonally this tends to be a bullish time of year for Silver. The Silver to Gold ratio also continues to be lacklustre and if Silver was going to rally hard would typically be showing a lot of strength and outperformance. So far no cigars.