gilles177

gilles177

the Cloud looks heavy and preventing Silver to break through and reaching a decent flying altitude the analogy shown in the monthly chart could drag it down if the MACD crossing south is confirmed however, we are entering the 9th week of cycle and Silver usually follows the pattern of 8-9 weeks cycles

gilles177

the analogy with the 2008-2009 fall suggests that there is a chance of repeating the pattern as shown by the arrow pay attention to the difference in DMI between the 2008-2009 case and today crucial is not to break south the monthly chart this is rather a last call otherwise we'll have a new pattern with deeper level southward