This Technical Indicator Suggests the Price of Silver Is Poised to Rally

For both silver bulls and bears, the performance of the silver price over the last year has been frustrating. Over the last 12 months, silver has consistently moved between $15.50 and $18 - a 16% range that has offered little in the way of profit potential. However, the days of low return from the precious metal may soon be behind us. With demand growing, I believe that silver prices are preparing to break out of their narrow price range and enter a boom phase of epic proportions. Silver's imminent price move will set long-term silver investors up for immense profit. With silver trading for so little, now is the perfect time to establish a position in the precious metal and prepare for dramatic gains... Tags: Silver Prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This Technical Indicator Suggests the Price of Silver Is Poised to Rally appeared first on Money Morning - We Make Investing Profitable .