Loading ...Why I hit the sell button?
Even if silver is know to be volatile… and is known to dip below 30 week MA… in a strong uptrend… it shouldn’t be doing that.
Monthly chart still okay.. and in hindsight can very well make be look like i sold into “fear”
I never see getting back in at a higher price as “losing money”.
My job is preserve capital and make sure I’m in the highest probability trade.
Not the case now.
Patrick if you saw my comment yesterday. In 2008 it looks like they sold off for 7 weeks after crises started. That is all I have to go on now looking at this crises. We sell see. That would have them continuing up again the week of April 13th. Hey, you gotta start somewhere…
Yep.. I read it and started looking at 2008. Did not like what happened to silver, even gold. I post some of my observations. But we will get an INSANE opportunity once again soon enough.
If Gold’s Intermediate Cycle has topped in Week 15 we could see downside price action for another 8-13 weeks if my normal timimg band hold.
Discretion is the better Part of valor !
Yep. I’m not afraid to change my mind. Sometimes I’m not the fastest… but not the slowest!