Whether you call this a breakout from a right angled triangle or
a breakout from the preferred wedge, I believe the long awaited
breakout has occurred at last!
This move after a pull back could eventually see the price of silver
on this daily chart go on to $25 to $30 very quickly! If this happens
like I suspect, it will give an opportunity to take some profits by
selling into this surge, in order to buy back again on profit taking!
Right now, the important thing is that "This is the important line to break"
has been broken. This is an exciting time for gold and silver and we are
all set for the coming resurection of the commodity markets!
Disclaimer:
This is not trade advise! No liability will be accepted for your trading losses!
RaSantana's ideas or publications are meant for educational purposes only, and are
given in good faith! If you are unsure or have any doubts about your actions, you
should seek advise from an investment advisor!
It must be realised that I am a human and as such, even I can make mistakes! :)
Errors in judgememt and misinterpretations can and will occur, so trade at your own
risk!
I hope that you will find some of my ideas helpful & useful, and if you like them I
would encourage you to click the LIKE symbol, & or comment.
Wishing you all the best of luck in your trading and investment activities!
a breakout from the preferred wedge, I believe the long awaited
breakout has occurred at last!
This move after a pull back could eventually see the price of silver
on this daily chart go on to $25 to $30 very quickly! If this happens
like I suspect, it will give an opportunity to take some profits by
selling into this surge, in order to buy back again on profit taking!
Right now, the important thing is that "This is the important line to break"
has been broken. This is an exciting time for gold and silver and we are
all set for the coming resurection of the commodity markets!
Disclaimer:
This is not trade advise! No liability will be accepted for your trading losses!
RaSantana's ideas or publications are meant for educational purposes only, and are
given in good faith! If you are unsure or have any doubts about your actions, you
should seek advise from an investment advisor!
It must be realised that I am a human and as such, even I can make mistakes! :)
Errors in judgememt and misinterpretations can and will occur, so trade at your own
risk!
I hope that you will find some of my ideas helpful & useful, and if you like them I
would encourage you to click the LIKE symbol, & or comment.
Wishing you all the best of luck in your trading and investment activities!
