Silver Volatility
Audio Version ▶ Play Audio Stop Silver Isn’t a Straight Line: Trading the SLV Falling Wedge Without Getting Trapped There’s a strong case to be made for silver over the long run. It’s a finite resource, a cornerstone of monetary history, and a vital component in modern industry. When inflation or uncertainty enters the room, silver usually follows. Because of that, many traders carry a built-in mantra: “Silver isn’t going down long-term.” That belief isn’t necessarily wrong—but it can be dangerous if you don’t separate conviction from price action . The Current Setup: A Falling Wedge? Looking at SLV (the iShares Silver Trust ETF), price action has been compressing into a falling wedge —a pattern where price makes lower highs and lower lows within a tightening range. In technical analysis, this pattern is often a precursor to a bullish breakout . But here’s the caveat: patterns are probabilities, not guarantees. ...