In April I called silver to go down deep. So far, it lost 25% and counting and I hope everyone is benefiting.
This was written over 2 months ago:
“The 50/100 “death” cross on the weekly frame (circled) happened only 9 times in 42 years. After such crosses, silver lost on average 35%; range: 8-72%. If the metal targets a 35% loss now, it would be heading towards $16.”
This overview contains:
– analysis of the candles and TA on various frames;
– long and mid term forecasts.
This analysis is part of the @InvestingAngles Weekly Series that covers US and global Indices, Volatility and Bonds, Cryptocurrencies and Commodities, Currencies and Large Cap stocks. Link here.
The following section is available for the subscribers only. It’s never late to join.
Read more of this content when you subscribe today.
End of Premium Content.
Silver All Time Analysis & Long Term Forecast: https://investingangles.com/2022/02/12/gold-all-time-analysis-long-term-forecast-12-02-2022-gold-preciousmetals-gdx-gld-xauusd-gc_f-elliottwave/
You follow @InvestingAngles – we offer the best forecasts!