Silver Bullion Spot Price - Spike up! Oct 3rd, 2022Significant pump up at about 8% today. . I will be watching this carefully. Not sure if this is a sign of a reversal considering the economy. Heads up. FYI only.. Thanks.
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Silverspot
SILVER - prepare for the freefall...As stated in the previous post, silver offered the forecasted short-term gains (9.8%) before the freefall we are about to see. Silver price crossed the support channel and intermediate wave 3 down is under way. Prices should fall well below 11.00. FOLLOW SKYLINEPRO TO GET UPDATES.
SH SIORTLVER ::: RISK CALL :::SILVER is expected to SINK now.
The reason why we feel SILVER may SINK.
* On weekly basis it has just started SINKING
* To Rise and come near 14.98 levels
* Stoch RSI (3,3,14,Close) is SINKING.
* RSI (14,CLOSE) is SINKING.
* CCI (20,CLOSE) is SINKING.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our SELL call shall be from SELL BELOW :15.22, SL: 15.28, Tgt 01: 15.05, Tgt 02: 14.98, Tgt 03: 14.76.
The view expressed here is on weekly basis. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.