Head and shoulders is forming, and silver has completely broken down from trend. It looks like it will be all downhill from here. We'll have the classic up/downs with the occasional gap down.
Naysayers will be saying, but what about money printing, trade war problems, etc.. that's what I thought as well.
This market is not rational and chart has been damaged.. it will take a while to recover.
Silver will fully recover and have great gains for the next year, but short term I see a drop coming.
TP1: 16.30
TP2: 15.50
Naysayers will be saying, but what about money printing, trade war problems, etc.. that's what I thought as well.
This market is not rational and chart has been damaged.. it will take a while to recover.
Silver will fully recover and have great gains for the next year, but short term I see a drop coming.
TP1: 16.30
TP2: 15.50
Comment:
One week of mostly sideways movement, let's see what next week brings..
Comment:
One week later, still on track..