Still bullish zone. Sentiment fully reset. Ready for another spike.
Another view point showing the INSANE reward vs risk proposition in silver. 95$-125$ target Q2 2023
M2 money supply defined silver bull runs & possible melt-ups (with Mansfield Relative Strength's help). #gotsilver
As long you close above 30 week moving average, you hold on for dear life!
Stan Weinstein's Stage Analysis. Green highlight is when silj is outperforming silver metal itself. GO!
Whale moment approaching... If 70$ xagusd in Q3, then 81.2$ silj.
US Dollar's 4 & 8 hour charts. See how a signal on a smaller time frame is met with an opposite signal on a higher time frame. When they align, you increase your chances of meaningful move. Watching 92
Approaching Ichimoku defined "turbulence zone".
Gold has escaped from cloud containment on smaller time frames. Now to see if this can gain momentum on higher time frames.
Silver trying to poke out of the cloud... for a third time!
Silver has 2 targets. 85$, then 215$ once a 6 month candle close above 35$. Gold has a confirmed 2650$ target. It closed above 1700$ on a bi-annual basis.
Looking for a 6 month candle close above 74.15$ to confirm breakout.
Looking for Q2 close above .78.
Twin refusal on 6 month candles is a HUGE topping signal. Now we wait for confirmed breakdown with Q2 close below 1.2579.
Great British Pound is above horizontal breakout line, below descending long term trend. 1.35 is now a "wall" (previous resistance turned support). $gbpusd #gotgold #gotsilver #debt $dxy
As for the US Dollar, expecting Q2 close below 92.30. Leaving a wick, as smaller time frame noise, above it. #usdollar #gotgold #gotsilver #debt