Silver is a very attractive investment opportunity, but as with any trade, the entry timing and price are critical. I am still looking for an extry point but regard silver as potentially very attractive as an investment / trding opportunity.
Comment:
$15.65 is my short-term prediction for the lower trend-line touch and reversal point. Let's see :) It can only go up or down.
Comment:
Lower TL break and scenario 1 is in play. Potential for a -18% move to around $13.
Comment:
Time will tell if this is a bear trap or if the TL is drawn correctly (if you even believe in the validity of trend-lne) But a break below the wave B (of the ABCDE) extreme if around $15.160 should indicate a decent entry point for a short trade.