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Mayz
Nov 5, 2021 6:30 PM

Bullish outlook on Silver Long

SILVER (US$/OZ)TVC

Description

Seeing similar old behaviour playing out in silver price in a 10 year cup. Seemingly silver is currently taking out stops in an infamous Wyckoff re-accumulation range. In terms of price predictions I think we could easily move up from here but don't be surprised if we first test the 19.000-20.000 levels around the cup support.

My advice is to DCA into silver and protect your wealth while the federal reserve and ECB keep printing, while we wait for the stock and housing prices to take a hit after they've absorbed all excessive liquidity like a sponge the past few years.
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