Long

Another Bull In the Long Run?

By DaSpalla

Updated

On the chart above I made a new bull trendline in correspondence to Silver chart below, and the result is magical

Could this be another bull in the long run??
Comments are welcome.

Note

Short term sell, maybe for today or tomorrow

As can be seen, EW, Wedge, Head and Shoulder, and Fibonacci are saying bear. Some of my friends are calculating it will drop to 1240 and then up to 1247 again to retest.

If you look both 1 Hour and especially daily stochastic are ready to bear in forming Wave C

Note

Hold your Buy

Unless Gold gone south below 1270, It's the end of the Bullish long run.
If surpass 1290.. we're very likely rocketing towards 1300 - 1400...

DaSpalla

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