Respect Nature

Sunday, April 12, 2015

Silver...

 After breaking through the DTL which started September 2012, silver dropped back into the cloud, and currently finding support on that DTL (green line on daily chart). My anticipation is that silver will now continue higher into this C-wave of IV. Note how silver is interacting with the red cloud on the weekly chart. Alternatively the B-wave down may not have been completed yet, but if it drops then it is just a matter of time before the C-wave up would start.


Silver Daily Chart


  Silver weekly Chart 


                                                       monthly LT bottom in October 2015  

                                                                                                                                                                                                                                     cycles LT bottom in October 2015          
                                                                 

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