Everything Bubble About to Pop? Effect on Silver & Gold?

Everything Bubble About to Pop? Effect on Silver & Gold?

Lawrence Lepard joins Wallstreet silver to give his opinion on how dire the situation will be going into 2023. Furthermore, they talk about the UK economy spiraling out of control, the energy crisis, and more.

let’s take a look at how paper silver SLV traded today:

The daily chart on SLV was super strong and continued most of the day with not much “dip” The chart shows resistance at 19.33, 19.57 and 20.03 if SLV breaks through these then that resistance will become new support. Right now, support can be seen at 18.63, 18.17 and 17.93.

On the yearly chart we see a lot of gaps, both down and forward gaps. With the economy struggling we believe people will look towards silver as a possible safe haven to park their money. Check out our other posts on SLV here

Disclaimer: we are not financial advisors, nor do we claim to be one. Please consult an advisor before buying stocks as you may lose your entire investment.

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