Long Silver via Breakout Above the $40 Resistance
about 2 months ago
David Hay
"But it broke when you broke out over 40, because, yeah, I think that's the spot price you're looking at there. But I know that silver futures yesterday were over 42 at one point."
Silver is showing a technical breakout above the key $40 resistance level, with futures reaching over $42 briefly. This breakout, in combination with basing patterns observed over a substantial period, suggests an actionable opportunity for investors to take a long position in silver, using instruments like the SLV ETF.
Scores
Alpha Potential
7.0/10
Novelty
7.0/10
Credibility
7.0/10
Timeliness
8.0/10
Overall
7.5/10
Sentiment
Bullish
Conviction
Medium
Tier
Market Context
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Episode Information
Episode:
Increasingly Strapped Consumers Are Tapping Out | David Hay
Published:
September 7, 2025
Idea Type:
Sector Trend