oliverrathbun

Silver... About to Unwind

Corto
oliverrathbun Actualizado   
TVC:SILVER   CFDs sobre plata (USD/OZ)
Silver and gold tend to move in tandem so this is not breaking new ground. See my post on Gold... link below

This is a monthly linear chart. Keep that in mind. The proposed move will take some time for momentum to develop.

As labeled on the chart I am expecting a 3rd wave down of "C" to commence soon. Commensurate with gold.
Price pattern is strikingly similar to the 1970's-'80s advance and unwind...

A move over $30.5 will break the short trade.

See Blue chart below for my projected target price..... 618 fib of wave A. Roughly $8.5.

Comentarios:
Kinda has that sinking look to it...
Comentarios:
Metals have advanced to the limits of make or break...
Here is a very long term Silver line chart... You know my bias.
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