bhowe

SILVER, tarnishing? Trade Idea

Short
bhowe Updated   
FX:XAGUSD   Silver / U.S. Dollar
The Gartley pattern played out perfectly on SILVER. I usually expect a 50% retracement to the upside. That would put the top at or around the purple arrow. I will go short Silver or Gold there. The miners may top sooner (today) and start down into an ICL.
Comment:
DUST=Bullish crossover with trend line as minimum target
Comment:
US Dollar poised to move higher.
Comment:
Silver getting ready to roll over. Enjoy the ride down.......
Comment:
With continued moves higher in gold, and no sign of miners moving higher, we should be on the right side of the trade. JDST and DUST move up today with golds higher move. Very encouraging.

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