Hello Traders Silver is still bearish. We are working the final bearish wave of a WXY pattern where wave W is a Zigzag Wave X is a Triangle and wave Y should unfold on a 5 wave impulse Please share your opinion in the comments below. Thanks and happy trading
All the PMs but especially Silver is a Major SHORT here, with a Low-risk Entry! A Bullish G/S and a likely USD reversal here - even if potentially limited in scope - should underpin a substantial decline in all the metals, from these levels. Charts like this are no help, either! (Stock market forced liquidations have a tendency to spare nothing and no one,...
Much like in the old George Foreman grill commercials; "Just set (sell) it and forget it!". It's a dog but a great Short here! Here is the "panoramic view"; It will deflate in 2 seconds flat, right along side with the rest of the currently prevalent inflation fantasies.