http://stockcharts.com/h-sc/ui?s=$SILVER...
this is NOT a bearish chart any more
the Slow sto is rising...the MACD has a positive slope...the BBwidth is low and flat...the price has breached the 50 day SMA and with the exception of today it was using the 50daySMA as a support.
the chart is very neutral right now but I am not sure it will be such for months to come.
http://stockcharts.com/h-sc/ui?s=$SILVER...
similarly this chart is a neutrally bullish one....the CMF has risen out of the mud...the RSI has had a slight positive slope since Dec and looks to possibly rise above 50...the ADX DI+/- is possibly ready for a bullish cross.
http://stockcharts.com/def/servlet/SC.pn...
this chart shows a resistance at $20.40 - $24.60 and there are a fair number of resistances above that so the way is not easy to regain the $44 level....the support is at a band from $19.20 to $19.40
Conclusion:
I suppose you have held this silver a while and you want to sell it....but if you bought it were you say....you haven't lost money.
Be patient a while longer...right now it is in a neutral period...cannot last this way forever. Silver trends as Gold trends...Gold looks to be ready for a breakout soon
http://stockcharts.com/h-sc/ui?s=$GOLD&p...
the charts look very similar don't they
http://stockcharts.com/h-sc/ui?s=$PLAT&p...
Platinum has already had a small break out....it hit a resistance at about $1470 and fell back but breached the 50 AND 200 SMA ...it looks like precious metals might make a come back
Just be patient...you aren't screwed ....so far so good.
If you already have the items, the best way to make profit from it is to wait until it ripens in market. It does not losses its value no matter when. That is the best haven for money against inflation.. so just keep it there till the right price comes in. While waiting, it is good if you acquire some FREE SILVER INVESTMENT GUIDE to have more information about silver investing and other precious metals. This is to make you become well equipped with strategies and the why's behind investing in silver.
GET YOUR FREE SILVER INVESTMENT KIT HERE, again.. its FREE so keep your money away..
You have to really know what you are doing to invest in metals. I would not recommend it.
You just have to sit on them until they go up.
Hello,
I have been buying silver in the form of American eagles since I was 14. I saved them all and when Silver hit $44.00 an ounce I sold it all and made an $800.00 profit. I kept buying them for about $18.00-$20.00 an ounce and now I have a whole pile of them again. But now silver is just sitting at $20.00 right now and hasn't moved for a while now.
So what can I do to get rid of them and make some money? Or am I just screwed and have to wait?
