kyleruzek

kyleruzek

Very evident pattern on the long term. If this pattern continues, I expect precious metals to perform well over the next few years.

kyleruzek Updated 

If silver keeps following its recent patterns, I see it climbing up above $27 with a good chance of overshoot. I will keep an eye on Oil, Gold, Copper, SPX, and DXY and update as this progresses. If Silver drops too much below $22, this scenario might be void.

kyleruzek

A good dip is always fun right before some upward action.

kyleruzek

These are the main support levels I see (not advice of any kind, just looking purely at the charts). I will likely soon make a resistance level idea too. I wouldn't be surprised if silver took a couple steps down before resuming a bull run, but I also think the buyers are present, and I wouldn't be shocked if we woke up to $27 silver.

kyleruzek Updated 

The 1-minute and 5-minute charts are presenting patterns I know I've seen before.

kyleruzek

Big Picture. Open your brain. Those dollars in your pocket. What do they actually mean?

kyleruzek

There is only so much metal on this planet. This metal has been traded for millennia. I will never have enough of it. I see $27.75-$29.25 as the trigger zone for a greater potential upside. I wouldn't be surprised if we saw a sub-20 dip before that happened.

kyleruzek

Silver has been eyeing some leaps lately. I still am ready for a dip, but I also know that dip is not guaranteed to even happen. I see $32 as the next ball park range for silver compared to these $24 days. Let me know what you think. I'm only one brain.

kyleruzek

I could easily be wrong here, but it looks like silver has upward in store no matter what.

kyleruzek

Silver testing some boundaries to get a feel for its position. I see a handful of scenarios likely, but all of them point to some big time moves. A correction may be due, but the overall trend appears upward to me.

kyleruzek Updated 

I have drawn 4 rough ideas of what I think silver might do in the next few weeks. Totally just brainstorming here. Let me know if you agree with any of the lines or have your own idea.

kyleruzek

I see at least 4 main possibilities here, and I am feeling strongly about the green two. I wouldn't be worried at all to see the yellow pattern. Red pattern might make me rethink my timing.

kyleruzek

I expect late summer / early fall to see some clear signs of reversal. Just an idea. I go by chart patterns. DYOR.

kyleruzek

Just brainstorming a potential pattern I see forming. I've been way wrong before. This is just a thought. I'm just waiting to see clear signs of a reversal. Then it's ham time.