Silver alert

UPDATE: I revised this (rushed) post and added a chart.

Silver is right at its long-term trend line. Some lightening up might be in order to see what happens next. Pay attention to the closing price, which has not yet broken the long-term trend line (see second chart).

Until the blue downward wedge (or flag, or pennant) on both charts is broken decisively to the upside, the lower trend lines are still in play and will still exert some pull.

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