TVC:SILVER   CFDs on Silver (US$ / OZ)
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!

Comment: 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.
Trade closed: target reached: 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.


Thank you for posting
Fractal777 rawrthis
@rawrthis, Your welcome!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out