Silver Chart – Updated
Below is an update of the silver chart I posted a few days ago (originally I posted a weekly chart – this is the same chart on a daily basis). I believe a B wave triangle is unfolding and should resolve itself to the upside shortly. Look for an upside reversal, ideally in the $22-23 region with prices eventually going above $30.
Just FYI — https://twitter.com/ColinSt30481392/status/1518899433747873793?cxt=HHwWgoCs4Zm_m5QqAAAA
I am hoping to high hell you are correct.
I wouldn’t be so worried if I was just sitting in bullion. It’s some of my small miners, like AXU, that have been cut in half over the last 5 weeks that are worrying, and even today look like they could head even lower next week.
Keep us updated. Thanks.
I’m closer to Norvast’s camp per K2’s link.
What he calls “intermediate decline” … dunno … but I call it having serious bear potential into summer. Several more months not several more weeks.