Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward.
For additional context, note that price has gone up 8 out of the past 14 days.
Out of the 5 instruments in the metals asset class, silver ended up ranking 4th for the day in terms of price change relative to the day prior.
$Abra $abbrf truly a hidden gem & completely off the radar of most.
Extremely undervalued & highly leveraged to a rising silver price.
Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Relative to other instruments in the metals asset class, silver ranked 3rd since the day prior in terms of percentage price change.