Loading ...Silver – Big Picture – Northstars Bullish Version
Another way of looking at the silver price action. I believe this is all part of a bottoming process at the major cyclical low, and that we will break back into that wedge formation, and ultimately up and out of it. It goes without saying though – any move below approximately $14, below the lower support would be bad. Very bad.
Those indicators look ideally poised for a big run up to me. I could be wrong though.
That’s a valid chart Northstar and I admire your patience
looks like you have company in the Poll
🙂
It’s fascinating to see both bullish and bearish chart interpretations. The clincher for me though is the respective positions of PM’s and the dollar in their supercycles.