Silver And 100MA

Silver, like Gold, is also proving to be good resistance/support at 100MA. (see Gold [here]). Till June, 100MA was proving to be a good resistance, but now it has turned a good support and price is bouncing very well from it. 

Silver H4

Every dip towards 100MA should be very well supported. 


On Daily Chart. although price has broken the trendline, but price is consolidating, looks like to be in for a pullback.
Pullback price is expected to be at 100MA. I am looking to build long term LONG positions in both Gold and Silver.Ofcourse it's for medium term and size will be small.

Silver Daily