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Silver miners break past long-term resistance versus silver, Otavio (Tavi) Costa notes

Silver miners break past long-term resistance versus silver, Otavio (Tavi) Costa notes
Silver miners break key resistance vs silver

Silver miners have broken above a decade-long resistance line relative to silver itself. Otavio (Tavi) Costa described this as one of the most important moves seen today.

Costa has highlighted other shifts in precious metals sectors in recent commentary. He previously said that gold miners had the highest free cash flow yield among U.S. equities. He also observed that gold's recent correction was similar to 2008 and presented a potential opportunity.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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