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Barchart
Barchart
Jim Wyckoff

1 Way to Trade Silver as the Precious Metal Keeps Heading for Record Highs

Consider buying a call option on December silver (SIZ25) futures.

See on the daily bar chart for December silver futures that prices are trending higher and are pausing not far below this year’s high. This pause is not bearish and suggests bulls are storing energy for another push higher in the not-too-distant future. It is my bias that the silver market will continue to rally and has a good chance to hit a new record high in the coming months.

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