Silver outlook remains positive
|Silver retested the all time high at 5878/83 as expected but is also only trading sideways.
A break above 5905 should be a buy signal initially targeting 5925/30 (although I fear we will continue to drift sideways so breakout trades may not work well).
If we continue higher look for 5950 & 5975, perhaps as far as 5995/5999.
We are still trading mostly inside of Monday's range with yesterday's push higher failing.
However I will remain a buyer on any weakness with minor support at 5810/5790.
Longs need stops below 5770.
A break lower can target support at 5720/5700. Longs need stops below 5680.
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