On July 24th, SLV closing over the 2016 August high of $19.71. The next Fibonacci level (.786) is $23.48, then $26.93. On the options market, August calls for $22 was over 7000. Sept $22 calls over 12000. July 23rd, a $24/29 October call spread bought 20k in volume. FOMC meeting is July 30th and expecting jpow to say they are printing more money. Hope you all are...
Ideally, a 1 to 1 ratio with wave A & C would be needed at the very least in order for me to get involved!
We are completing the corrective Wave C to complete a triangle for Wave B. Upside target from there is $1,542.
This is my first video on Tradeviews and I'm still learning the software but I wanted to give it a try and share my overall analysis for what you should expect next in gold. GLD GDX GDXJ JNUG NUGT SIL SILJ I share my daily pre-market video each and every day before the market opens on my website .