Massive opportunity in Silver - calling the bottom

Long

Silver / U.S. Dollar (FX:XAGUSD)

Updated

FX:XAGUSD Silver / U.S. Dollar

XAUUSD XAG USD ( Silver / US Dollar) Silver Si1! (Silver Futures)

xauusd xagusd silver si1!

I am long from 16.50. I DO NOT think prices have bottomed yet.

Comment:

Setting up to his the 17 handle on Monday

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First layer hit. (I think this is more likely to be a bear market rally, so be aware.)

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No interest in trading in and out of this. I am adding to my position this week. Smells like an explosive rally is coming.

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I added on Friday at 16.35

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Pattern formation and directional possibilities I'm seeing right now:

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Watch the blue level. This may determine the future of silver for the next few years.

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Keep in mind, the "ultimate bottom" was reached last week (my price was $14.60 - flash crash low was $14.30). Notice how price reversed strongly - a strong indicator of the importance of that level.

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17.25 is the next place to add. The bottom is in

Comment:

breaking out. Next target levels are the following:

Comment:

Bottom still intact. I have no doubt this will explode based on the type of consolidation we're seeing. Question is how long it will take, and if we could see a deep dip before lift off.

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