Posted by goldnice on 31st of Jul 2020 at 10:37 pm
Silver. Monthly Close. Looks like the breakdown out of the
{Parabolic Curve} was a massive fakeout "Bear Trap" as silver
immediately re entered the curve and has hit the first initial $26
resistance area this week. Unbelievably there is no resistance
until the next target at $37. Don't take your eyes off the 40 year
{C&H} setup in silver.
Posted by racerick on 31st of Jul 2020 at 11:35 pm
Hope you're right. I'm still a little upset I didn't sell some
of mine in 2011 when it was around $50/oz, when gold was around
where it is now, but I think at some point will be much higher than
that, especially if the gold/silver price ratio reverts to it's
historical average. With the printing presses running throughout
the world w/o an end in sight, the sky's the limit for both.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Silver. Monthly Close. Looks like
Posted by goldnice on 31st of Jul 2020 at 10:37 pm
Silver. Monthly Close. Looks like the breakdown out of the {Parabolic Curve} was a massive fakeout "Bear Trap" as silver immediately re entered the curve and has hit the first initial $26 resistance area this week. Unbelievably there is no resistance until the next target at $37. Don't take your eyes off the 40 year {C&H} setup in silver.
Hope you're right. I'm still
Posted by racerick on 31st of Jul 2020 at 11:35 pm
Hope you're right. I'm still a little upset I didn't sell some of mine in 2011 when it was around $50/oz, when gold was around where it is now, but I think at some point will be much higher than that, especially if the gold/silver price ratio reverts to it's historical average. With the printing presses running throughout the world w/o an end in sight, the sky's the limit for both.