Silver 2W pushing into cloud
At the long time-frame of two weeks with ichimoku we see the price testing the bottom of the thick red cloud. At some point soon I expect a decisive entry into the cloud and the climb upwards to break from above cloud in the coming months. But not if JP Morgan can help it...
Now certainly seems like a good entry based on bottoming. However, silver still may be a long game until the breakout is confirmed. Then, kaboom. We'll finally be off to the races again like 2010/2011.
Now certainly seems like a good entry based on bottoming. However, silver still may be a long game until the breakout is confirmed. Then, kaboom. We'll finally be off to the races again like 2010/2011.
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