JenRz

SLV watch $17.63 area to BUY

AMEX:SLV   iShares Silver Trust
We're getting into a time window soon for metals in September. I already did a GLD idea and had an alert go off today as it's getting into my buy zone pretty soon.

In SLV, however, it seems like it has a lot further to fall, but the same idea stands, it's a place to buy it I think for a longer term reversal up.
I've seen metals in years past have some seasonality in the fourth quarter, and I do have dates in early September from my dowsing for the best time to buy them.
I get the price consistently of $17.xx as the low, and specifically, 17.63. I don't expect to be exact, but it can be helpful and I need the practice!
If we get SLV (and GLD for that matter) around target lows in early to mid September, I like them long and will update with the targets for the highs at that time. Peace.

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