Loading ...Step Aside & Watch Them Slide
Hopefully, today’s one to two day correction in gold and silver prices will be brutual and take gold down to at least $2700, if not a bit below and silver all the way down to $33 or just above.
I don’t know if we will be that lucky, because if those prices are reached today or possibly tomorrow, it will represent the last great buying opportunity of our lifetimes. Keep your fingers crossed and get ready to pounce!
Final flush down about to take place. Put your stink bids in a bit lower than here.
Looks like the brutal takedown is likely complete. There could be a bit more downside over the next day or two, especially if stocks get plastered. However, this was the buying opportunity for silver that I was looking for.
You might want to be a little more cautious than that Charts. Downside can be fierce off a major reversal point as we just saw. Silver price has turned down with .25 cents of my target. Its a big resistance level so some correcting is expected and it will be more than you are guessing.