Thank you for taking the time to read my idea, your support is appreciated.
We hope you read my ideas back in early July calling for a silver breakout.
The move so far has not let us down and actually flown past my target very quickly.
This move took me by surprise even although I called for a parabolic push.
We have what appears a bullish flag pattern, this portends a further burst upwards and a final hurrah for now.
But please be cautious as this flag may fail and take precious metals into correction quite quickly.
This could go either way.
Hopefully the trend line will give us support.
May I add that this weeks action has confirmed the start of a bull run, proper in silver.
New highs will come as the system implodes.
Have a great weekend!
We hope you read my ideas back in early July calling for a silver breakout.
The move so far has not let us down and actually flown past my target very quickly.
This move took me by surprise even although I called for a parabolic push.
We have what appears a bullish flag pattern, this portends a further burst upwards and a final hurrah for now.
But please be cautious as this flag may fail and take precious metals into correction quite quickly.
This could go either way.
Hopefully the trend line will give us support.
May I add that this weeks action has confirmed the start of a bull run, proper in silver.
New highs will come as the system implodes.
Have a great weekend!
Note
Silver has broken up and out from our bull flag.Another leg up is here.
Trade closed: target reached
Broken $24 and target is reached...5.8% move in a few hours!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.