Auguraltrader

Silver hit target on time! Next projected target at 30.

COMEX:SI1!   Silver Futures
The target previously posted hit target spot on time!
So what’s next?
I would hazard a projection that despite the parabolic run, it still might have some legs to go, but am expecting the next target area (green ellipse with red outline) to be volatile. Not expecting a close above 30.30 though... it is just over stretched.
IF silver still continues, the;we are in for some serious s hitting the fan... I don’t know what it would be, next week tells more!

Btw, for study sake, I have put in the bright green arrows for the typical best entry points.

Stay safe....
Comment:
The NEXT day, it hits target and immediately reverses... phew!

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