The long game off Silver ; $TVC:SILVER

15 mars 2024

Silver historically has always correlated with Gold. As Gold continues to display new all time highs, silver has yet to breakout from it accumlated range of $20 to $25.

Using the power of Market Cipher and basic strategy, we understand moneyflow is king and like water, it allows growth to unfold. Similar to 2006 and on, Silver has an incredible performance due to the American History at the time and economic challenges. Today in 2024, i believe we have more challenges than we did in the past. Higher debt, rampet inflation, "dedollarization", crypto and more.

This is a long term outlook. As i personally had started to stack Silver when in the $18 range in 2022. For the trade setup, this would probably fall under a Doller cost average strategy over many weeks. They say its better to have time in the market rather than timing the market...lets do both. I have a long bias long term but intermediate term we will be spotting mile stones along the way and making observations.

Cheers,
Uni.

5 janv.

Transaction en cours

Looking forward since this post was first created, we are still on track as predicted. We achieved the $30 range and looking to fill the next rung of the latter. Money flow is still positive going into 2025 with the momentum wave curling up showing signs of a bullish start to the year! Lets see!