Silver to it’s 50 day MA?

The 50 day MA for SLV is at $15.92 today, about 60 cents away from the current price. At typical sharp pullback, like the one that occurred in May 2016 (in the middle or a rip-roaring rally in metals and miners), saw SLV go 11.7% lower before it turned up again. In today’s prices, that same pullback would put SLV at around $16.20, so only 30 cents away, and I would be fine buying there. It’s important to know that after the correction of almost 12%, the next month of June 2016, SLV rallied 17%, dna gained again the month after, bringing the total gain to 27% after the correction, well worth trying to catch. The past is no guarantee, but nothing in trading and investing is truly guaranteed, it´s all just making wise bets based on probabilities.

I don’t know when or from where my miners will turn higher again, but I am confident that they will.