While gold cycles are a bit cconfusing, the silver cycle is crystal clear.
Silver printed an ICL last year December .The intermediate cycle's first daily cycle is behind us . The DCL was printed on 28th February.
Right now we are in the 2nd daily cycle . This is the daily cycle where silver can break 35$ and finish this intermediate cycle at 40-42$ during the following weeks.
Gold printed a strong rally in the past weeks, but the xauxag ratio is turning down and there is a good chance the lower part of the consolidation box will be tagged during the following weeks.
If you are in a gold long position probably it's time to switch to a silver long position...
If you don't have any precious metal position it's time to open a silver long position.
Silver printed an ICL last year December .The intermediate cycle's first daily cycle is behind us . The DCL was printed on 28th February.
Right now we are in the 2nd daily cycle . This is the daily cycle where silver can break 35$ and finish this intermediate cycle at 40-42$ during the following weeks.
Gold printed a strong rally in the past weeks, but the xauxag ratio is turning down and there is a good chance the lower part of the consolidation box will be tagged during the following weeks.
If you are in a gold long position probably it's time to switch to a silver long position...
If you don't have any precious metal position it's time to open a silver long position.
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Silver is starting its final move into the IC top.First price needs to break 35$ and in a short squeeze mode it can top out at 40$ or maybe higher.
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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.