trend line setting up test of $17.46 to $17.50
gold silver ratio starting to turn up
commitments are no where near they were on April 18, 2017 at that point the comm. funds had a net long position of 107,000
now they are net long only by 45,000.
sponsorship is needed to push silver higher and I feel $17.45 will be tested within 2 weeks. after that lots of funds will come on
board (trend followers) target is $18.00
definitely go long silver here
gold silver ratio starting to turn up
commitments are no where near they were on April 18, 2017 at that point the comm. funds had a net long position of 107,000
now they are net long only by 45,000.
sponsorship is needed to push silver higher and I feel $17.45 will be tested within 2 weeks. after that lots of funds will come on
board (trend followers) target is $18.00
definitely go long silver here
Transaction en cours:
the july 3rd smack down tested the lower trend line. no doubt forced a lot of stops.
stay long or buy 1/2 postion here
stay long or buy 1/2 postion here
Transaction en cours:
traders add silver longs
18.00 here we come
18.00 here we come
Transaction en cours:
bumping against top line of the channel.
if we can close above this say in the 17.60 big buying comes in
if we can close above this say in the 17.60 big buying comes in
