Rock bottom for silver US equities. Sooo early.
Broadening wedge target rail? 15:1 in 2028
Tic Toc... Everything getting tight. Still looking for an explosive Q2 start.
What happens next will be VERY interesting. Analog to gold's 2012-13 bear market entry visible. March close is judgment day. #terminator #gold #silver
Wow, what a move. March close will be soo telling. This is where it plays for silver.
Periods where Gold moved up, while Yen moved down vs USD. Notice initially the yen weakness drags down gold, but then gold detaches and moves opposite the Yen.
Diamond reversal? Running out of space...
Monthly chart at a minimum is required to survive. See wick as intra month noise. Let's see where this closes.
80 DXY is pretty much a HIGH probability at this point.
Sugar hitting important long term resistance line. Still above important support. Bullish transition zone.
Occasions where silver moved up strong WITH real yields increasing
It's pretty clear, Silver is dependent on a weak US Dollar.
MACD of Open interest (including options) shows an insane setup for silver. Question is... how high? Greedy analog move yields 73$ in Q4 2021.
Sleeper giant play. If it can creep back up above HUGE volume defined node, this has a fast path all the way to 12$ Now 3.40$.
With a week and a half of trading left for Q1 2021, gold is now above it's first safety net, but a close above the second would eradicate lots of the remaining bearishness.
High rate of change for "deficit as % of gdp" explosion set the stage for silver's bull market. Looks like we are in 1940's.
Silver tends to detect incoming deficits... How does it do that?
Is silver fore telling further US Dollar weakness? UBER bearish targets for DXY 70, then 45. YIKES!