Loading ...Silver broke out in 2019!
Look at the 2019 yearly close for silver… looks like a breakout to me!
Silver probably has the greatest “wall of worry” cloud above it (dis-inflation… deflation… growth… etc), which has us waiting.. and waiting… until everybody jumps in… making it go parabolic.
Does a dragonfly doji have to be at the bottom of a trend? What happens if it’s a little higher up? Hanging man possibly?
Cant give the candle a name until the period is over…Dec 31 in this case
BUT look at that Candle which signaled the top
Interesting look these yearly charts
Thanks Patrick
Yes. Totally agree, need to wait.. alot can happen. Yearly candle signals are strong. Could work in silver’s favor this time (vs that uber bearish candle signalling the top)
Can’t wait to year end or you miss low risk/high reward entry point. When the candle gets determined 12/31 it will be confirmation.
Interested we have never had a yearly close over 30.93
*interesting*
Exactly! We are closer to a yearly defined ALL-TIME high breakout than we think!
2020 is the year.
I bought back my SILJ with a $1 price improvement!
I hope this is the real thing.
SILJ is right around it’s right shoulder (10.50) May chop around here up to sideways while it build or it makes a B-line to the neckline and away we go? Silver is about to break out of it’s flag.
Can chart be drawn back to 1070’s???? to cover post gold standard time???