Thank you for taking the time to read my idea, your support is appreciated!
Silver once again is monkey hammered today and the futures down to a potential support line.
The markets in general look like completing five waves down in the futures
and an ABC counter wave two will commence...to be followed by wave three down at some point...probable minimal down 10% before election day.
Silver and gold should benefit on this coming rise in the indices and so the probability is higher
that a bounce starts here also in an ABC pattern.
Now keep in mind we have resumed a bear market in the Dow etc and once the bounce finishes...
a wave three down will be plunging the indicies well below todays close and precious metals will be dragged down in a final flush out...gold down to around $1800 and silver could be the $18 region.
Nothing is going to derail the metals long term price action which is a huge bull market since 2001..we have had two up phases and now we are in the final phase three which will be dramatic and spectacular...a total wealth transfer WILL occur as trillions must be parked anywhere but the banksters crooked sytem.
How far the metals rise is anybodys guess...but this is NOT 2008...it's 1000% worse for 2021 onwards....the maths give moonshot probability....for those who do not believe, there will be broken dreams and disillusion.
So...a bounce followd by another plunge and then it's off to the races!
Good trading.
Silver once again is monkey hammered today and the futures down to a potential support line.
The markets in general look like completing five waves down in the futures
and an ABC counter wave two will commence...to be followed by wave three down at some point...probable minimal down 10% before election day.
Silver and gold should benefit on this coming rise in the indices and so the probability is higher
that a bounce starts here also in an ABC pattern.
Now keep in mind we have resumed a bear market in the Dow etc and once the bounce finishes...
a wave three down will be plunging the indicies well below todays close and precious metals will be dragged down in a final flush out...gold down to around $1800 and silver could be the $18 region.
Nothing is going to derail the metals long term price action which is a huge bull market since 2001..we have had two up phases and now we are in the final phase three which will be dramatic and spectacular...a total wealth transfer WILL occur as trillions must be parked anywhere but the banksters crooked sytem.
How far the metals rise is anybodys guess...but this is NOT 2008...it's 1000% worse for 2021 onwards....the maths give moonshot probability....for those who do not believe, there will be broken dreams and disillusion.
So...a bounce followd by another plunge and then it's off to the races!
Good trading.
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.
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.