SILVER on a VENGANCE!!

Revisiting SILVER and well... this is looking very SPICY! My last chart in July 2020 was spot in with the spike from 18- 30 dollars. Now we are sitting at approx. 27 dollars. Where do we go from here? UP! The previous old chart had a bearish Crab pattern, but this seems more like a bearish SHARK Pattern which is trailing a MONSTEROUS bullish Butterfly pattern. The support at 27 is real and very strong. When this takes off it will be too late to respond. In turn, this rise could signal other down turns in other areas such as banking sectors (so be aware if you are invested there). Now understand, this is PAPER SILVER. I invest in Physical Silver. Paper Silver may not deliver the return if it shoots up as expected.... but physical silver cannot be denied. Take Heed.

I have noted an intermediate target here, but the real target (IMO) is around 64-66 dollars/ oz.
Yes it sounds crazy, but I am just looking at the patterns. The day is upon us.

The chart 8 months ago was correct...and I feel confident in this one as well. Looks like the time to be in SILVER (the physical kind)! CHEERS!
If you find value please THUMBS UP! Thanks

交易進行:

Silver remains on track to this chart.. holding the support.

評論:

This is an older chart, but silver still looking primed.