Silver finally perked up last week which opened the door (yet again) for something that has not happened over the past couple years....it looked like we might have something here.
And then we come in this morning and silver does what silver does best, gets smashed down at the 200 weekly moving average. This is now over 10 consecutive times at this MA silver has failed which goes to show you even more how important this area is.
I wrote before about the coming move and the timeline is setup for somewhere late in the summer when the US indices put in an actual top and I am expecting precious metals to rip higher. And this will not be an ordinary move either.
This will be a VIOLENT move in the up direction if this line breaks.
16.35-16.50 is now the entry area.
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https://steemit.com/steemsilvergold/@heyimsnuffles/the-coming-rise-of-silver-and-gold-usdgld-usdslv