Silver’s Time to Shine Is Right here – Get Prepared…

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In yesterday’s evaluation, I wrote the next:

Technically, shares are proper after a breakdown under a head-and-shoulders sample, which is a promote sign. BUT, it’s additionally true that this sample tends to be adopted by a correction, and this correction is likely to be precisely what is required to set off the ultimate upswing within the treasured metals sector.

This corrective upswing may begin shortly, however the November lows are about 5,700, which is a fairly spherical quantity, which will increase their technical power.

So, except I see one thing profoundly bearish and the above idea is invalidated, I plan to go lengthy silver when the S&P 500 strikes to five,700 or near it.

The above didn’t materialize, however the invalidation (in intraday phrases) of the head-and-shoulders sample is much more bullish, so the implications are the identical – it’s time to go lengthy silver.



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