Yesterday, I showed a "Point & Figure Chart" on silver (SLV). Today, the following chart depicts a typical "High/Low/Close" price chart for silver. The difference is that a Point & Figure chart provides a relatively long-term view of price activity, while a price chart, in this case, provides a time frame of one year. I use Point & Figure charts to provide long-term signals and price charts for short-term signals. Generally, price charts are good for indicating "overbought and oversold" levels.
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