SILVER - CONSOLIDATING JUST AS EXPECTED - BREAKOUT COMING SOON SILVER SET UP WITH ANALYSIS ON CHART - SHORT PLUS LONG SETUP
MY THOUGHTS ON SILVER HAVE NOT CHANGED SILVER SEEMS TO BE CONSOLIDATING JUST AS EXPECTED AND WE WILL HAVE A REALLY GOOD BREAKOUT SOON (previous chart is on chart)
WILL BE LOOKING TO SLOWLY CHANNEL DOWN OVER THE NEXT FEW DAYS AHEAD OF THE FOMC WHICH I BELIEVE WILL STAY THE SAME I DONT THINK THERE WILL BE ANY CHANGE UNTIL PERHAPS DECEMBER. PLEASE SEE CHART BELOW. THE DOWNWARDS CHANNEL APPEARS TO LINE UP EXACT TO THE DECISION!!
FROM HERE WE CAN OPEN UP LONG FOR A REALLY GOOD BREAK YOU COULD ALSO HEDGE POSITIONS AS WE COME DOWN AND COVER SHORT FOR THE TIME BEING AGAIN PLEASE REFER TO CHART BELOW.
ALL THE BEST HAVE A NICE WEEK
