TradingView
otterslide
Nov 11, 2019 4:34 AM

Could be seeing $15.50 in 2 months Short

Description

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

Comment

One week of mostly sideways movement, let's see what next week brings..

Comment

One week later, still on track..
More