Silver: On The Verge Of A New Bull Market?

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Posted by GoldStockBull

on Thursday, 16 February 2017 12:22

It’s been an exciting start to the year thus far for precious metals investors. Both metals are off to a good start, and the January rallies are very reminiscent of 2016. Despite the 9% rally off the lows for silver, we still have a reading of more than 3 bears for every 1 bull. Bullish sentiment is still in bearish territory on silver, and the metal has been locked in a descending channel for nearly 7 months now. Fortunately for the bulls, the trend in sentiment in data is finally starting to turn the corner, and brighter days may be ahead.


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