Step 1 for First Majestic... 22$-23$ to complete formation. $ag $silj $sil #silver #gold #fintwit
Down before up road map for silver junior miners...(used possible worst case scenario). Prepare your mental. $silj #silver $slv #gold $gld $gdx
Looking at 0.8250 target for Australian Dollar vs US Dollar after breakout in Dec 2020. Currently in "bullish transistion area". $audusd $dxy #usdollar #gold #silver $slv $gld #fintwit
Explosion off HUGE bases create fast AND high moves. Expecting 2600$ gold in 1st half 2022. #gold $gld #silver $slv #fintwit
Is this a diamond formation? If so, continuation or reversal?
Negative rates to continue venture in the abyss. Either by higher inflation OR a nominally negative Fed fund rate. Enjoy monetary insanity... until it can't be contained anymore. #gold #silver #inflation #fintwit $slv $gld
Zooming out to monthly chart for 30 year real yields... market always seems to need more time to figure things out than my 100 MPH imagination! Note that near perfect touch of declining 1 year moving average. #gold #silver $slv $gld #fintwit
Look at gold chart below to see how these types of patterns play out
Top morphing in progress on monthly chart for Nasdaq vs Silver. The last bastion for US equities. When this falls, they all realize this was just another Fed sponsored bubble. #silver #gold #nasdaq #tsla #spx #inflation #commodities $slv $gld $silj $gdxj
Capitulation move + measured moved reached for M2 velocity... When this starts to rebound up... gonna be some inflation fireworks EVERYWHERE! Can't imagine the price of silver and gold!
usually 2 weeks for stoch to sharply turn down after a peak in price...
First Majestic Vs Silver Ratio on monthly chart. Stoch making amove for it!
Clues from the past should help you see bullish, lower risk high reward setup.
Below is good for silver. Above is rocky territory.
Just like silver is running out of resistance... US Dollar is running out of support... 89.25 target.
Ichimoku Cloud defined resistance doing it's thing on Silver's 4 hour chart
Another platinum chart with 1500$ target. Point and figure constructs very clear for this metal.