jakeshake

Silver is looking like a golden opportunity

Long
FX:XAGUSD   Silver / U.S. Dollar
The wave structure on the 1d appears ready for a push up and the wedge looks like it'll be breaking sometime before the end of the month. I can only speculate, (duh) as to the direction precious metals are headed in the near-term, but with countries around the world increasing their stake in gold and silver I can surmise they're ready for a push up, with silver having the largest expected percentage increase.

If this plays out as I expect, I'm long around $15.90 :)

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