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Re: Weekly Silver Chart/Trades

Wow trades...
I just realized....I pulled out a ruler and put it on this screen...and realized something very significant....
I caught it with my eye first, and then this confirmed it...
We have broken above the range on the highs in this chart.
It makes sense, as the silver/gold ratio broke out a few months ago, which I was watching at the time, but now everything has snapped...uptrendlines and all....
And like I said a couple months ago...the length of consolidation between these last two highs points to a much higher high...and then the RSI should get more overbought than it has since 31 yrs ago as a consequence.
LOL, I am finding a LOT of reasons to be mega-bullish...

And seriously, why would we not test silver's old high now? It's about time...everything else under the sun has made new all-time highs already...
I think the fireworks are a comin'...gonna be fun to watch the big show...grab yer popcorn and sit tight, lol..

Cheers!

Messages In This Thread

Re: Weekly Silver Chart/Trades