Silver and gold tend to move in tandem so this is not breaking new ground. See my post on Gold... link below
This is a monthly linear chart. Keep that in mind. The proposed move will take some time for momentum to develop.
As labeled on the chart I am expecting a 3rd wave down of "C" to commence soon. Commensurate with gold.
Price pattern is strikingly similar to the 1970's-'80s advance and unwind...
A move over $30.5 will break the short trade.
See Blue chart below for my projected target price..... 618 fib of wave A. Roughly $8.5.
This is a monthly linear chart. Keep that in mind. The proposed move will take some time for momentum to develop.
As labeled on the chart I am expecting a 3rd wave down of "C" to commence soon. Commensurate with gold.
Price pattern is strikingly similar to the 1970's-'80s advance and unwind...
A move over $30.5 will break the short trade.
See Blue chart below for my projected target price..... 618 fib of wave A. Roughly $8.5.
註釋
Kinda has that sinking look to it...註釋
Metals have advanced to the limits of make or break... Here is a very long term Silver line chart... You know my bias.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。