Silver might be making a long term low the coming weeks. Retesting that solid bottom formation from the past half year, that double bottom shape. So now it becomes important to see another test of the 15/14.8 zone. Ideally in the shape of small double bottom as well. If that happens, chances are big to see a big rally the coming months.
Thank you! I admire your knowledge, it makes me want to learn more!
botje11
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@Daniel0903, Nice to hear that, your welcome of course :)
jscduk12
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Thanks for this David, I'll certainly watch this one. Don't suppose you know the ticker for silver in the US? Struggling to find it!
All the best,
James
jscduk12
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@jscduk12, Throwing this out there, but not chance there's an H&S on the chart starting from 2005 that would take this back down to $6 or so? Is that too long a pattern to consider?
botje11
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@jscduk12, Very unlikely, thats very long term, rather just look at this setup.
IgorPorokh
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@botje11 Buddy cool idea. There is something to learn from you. I've been following you for a long time