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Silver next upswing

Uglytruth

Uglytruth

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I think it was a "bailout". Someone had to get out of their position as it turned against them so it got bumped to get out flat or at a small gain............
 
Varmint Hunter

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#923
silver 11:25:19.png
 
d-lod

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d-lod said:
Fibo count is 16.98 an ew count is 16.71................for wave C target, a gentle reminder............silver has a habit of over reacting.
Click to expand...
16.64 .........................has been current correction so far...................
 
savvydon

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d-lod said:
16.64 .........................has been current correction so far...................
Click to expand...
Silver leading on strength this morning. If we see good follow through this could indicate that the worst of the correction is behind us.
 
Uglytruth

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So we should be buying in the US & selling somewhere else then bringing the money back in country to make a 30% - expenses profit?
Seems like a carry trade to me. Someone is doing it I'm sure!
 
d-lod

d-lod

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Uglytruth said:
So we should be buying in the US & selling somewhere else then bringing the money back in country to make a 30% - expenses profit?
Seems like a carry trade to me. Someone is doing it I'm sure!
Click to expand...

The market leader don't have to deal with physical trouble, and hence rich is getting richer, we are left with counting chickens.
 
d-lod

d-lod

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1577480701085.png



After correction of 49.78 to 13.63 of silver in 2011, it rose to 21.13. That was the first bull wave.


Wave i === 13.63 - 21.13 = 7.50 -----55%
Wave ii === 21.13 - 13.89 = 7.24 -----34%
Wave iii === 13.89 - 21.52 = 7.63 ---- 55%
---------"------------- 26.11 (1.6 x wave i)

Wave iii has to reach 21.52 / 26.11
 
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