Silver’s Shiny Rally: Will It Break Free or Stay Trapped in the Channel of Doom?
This sterling recovery, if I may say so, coincides with the US Dollar Index (DXY) taking a tumble and the world breathing a sigh of relief over ceasefire chatter. However, silver remains ensnared in a bearish channel that’s been its prison since January 29. A breakout above this channel would be the financial equivalent of escaping from Aunt Agatha’s clutches-a shift from mere recovery to a full-blown trend reversal.


