MQP GOLE BASE CASE #30, SILVER FINAL ANSWER
CORRECTION FOR RECENT SILVER FORECASTS.
Notes:
1. blue vertical lines - new moon
2. red vertical lines - CPI
3. orange vertical lines - FOMC
4. black vertical lines - NFP
5. by default, ADP is always right before NFP
6. skinny wavy lines - 2-based regresssion layers
7. bold wavy lines - 3-based regression layers
8. black horizontal lines - levels previously respected by price action going back to 2011
9. diagonal blue line - important resistance once price takes off after CPI tomorrow
10. diagonal red lines - critical support once price takes off
11. diagonal skinny black line - June 3rd check down uptrend line (break lower and it's over)
12. diagonal bolded black line - breakeven price for SLV AUG 28.5 CALL (shot at 15X return)
Notes:
1. blue vertical lines - new moon
2. red vertical lines - CPI
3. orange vertical lines - FOMC
4. black vertical lines - NFP
5. by default, ADP is always right before NFP
6. skinny wavy lines - 2-based regresssion layers
7. bold wavy lines - 3-based regression layers
8. black horizontal lines - levels previously respected by price action going back to 2011
9. diagonal blue line - important resistance once price takes off after CPI tomorrow
10. diagonal red lines - critical support once price takes off
11. diagonal skinny black line - June 3rd check down uptrend line (break lower and it's over)
12. diagonal bolded black line - breakeven price for SLV AUG 28.5 CALL (shot at 15X return)
Note
more...13. AG/PAAS forecasts both need corrections as well
14. don't have time for it
Note
Just realized I mispelled the title again. Dammit.
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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.