Silver Thrust

Thank you for taking the time to read my idea, your support is appreciated.

Precious metals have commenced another leg up.
Silver gave us some moments as it skirted the trend line.
This reinforces the upward move and high probability breakout.

The most undervalued asset on earth deserves attention.
Trillions upon trillions of declining paper will be created in the coming months.
This deliberate insanity will only postpone the outcome - Total collapse.
It's a long road still and precious metals are the ultimate store of wealth as are some cryptos.
A stampede and manic rush will occur down this road...the miners will explode.

Around $19 is resistance...when this breaks, the shorts will flee...could well be a a quick move
up to $20.

Let's ride this baby!

ความคิดเห็น:

Silver spiked to $19 as discussed in our idea.
The pull back is with the Dow...there is a chance of a heavy fall in the Dow Friday and this could impact silver quite badly.
Todays daily candle is bearish.

Have taken profits and will wait for clarity.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

On the 4hr chart, silver is weaker today and we are not far from the high.
An upytend since the 6th July has been breached and the next trend lineis support around $18.60.
Possible topping action and a turn today.