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Silver quarterly chart


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#1 tradesurfer

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Posted 18 April 2019 - 08:10 AM

We are running out of time for silver. 

 

It has to make a decision soon.

 

It has to make a decision by the July August September Quarter

 

 

In 1986 there was a similar structure and there was a ONE quarter false gap down break down which beared everyone up.  But immediately after that it was shown to be a false break down and we see an almost 100% move higher in silver price.

 

Getting into the mind of the market. It would seem like this is the ultimate scenario to trap everyone before a moon shot to 30$ silver price.  It would simply be too easy to just start north now without a slingshot.

 

 

32693664627_27537ca677_h.jpg


Edited by tradesurfer, 18 April 2019 - 08:13 AM.


#2 cycletimer

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Posted 22 April 2019 - 01:55 PM

I just purchased SIL today as my way to play Silver.  



#3 pedro

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Posted 22 April 2019 - 02:11 PM

Appreciate the quarterlies ... wish there were more indicators attached.

 

I can only do monthlies on my setup.

 

On those, a key oscillator I use that runs -50 to +50, usually insists on >0 for a sustained bull move.

 

Currently at -46.

 

Could get back to zero by end of Q3 ....of course.    But it won't soon..


Edited by pedro, 22 April 2019 - 02:12 PM.