by Steve St. Angelo
SRSRocco Report
Silver closed today right on an important KEY LEVEL. For the silver price to continue higher, it needs to break above this level. The last time silver reached this same price was back in early September 2019. And, if silver continues in a positive direction in early Asian trading, we may see a more substantial move higher tomorrow.
As I mentioned in my previous article, Silver & Gold BREAKOUT Above Important Technical Levels, silver finally broke above the $18.50 level. Silver closed today at $19.76, the same as it did on September 6th, 2019. This price comes from Stockcharts.com, which uses the Silver September Futures contract, which is not the same spot price quoted by Kitco.com. The September Futures contract has the largest volume of trading.