WAIT for the buy

11 thg 8, 2020

So it's easy to say i called it when there is no evidence except a couple of close friends. But i called it friday that the market would fall and hard. I think we should stay out the market till around Thursday - Friday. If we hit the blue line and bounce of it. It will be confirmation of the trend. I believe we could see high volatility for the rest of today and some tomorrow. We may still see the resistance of 29 July and 3rd August act as a support for now before breaking it and falling to todays Pivot point on (Support 2), even though this is unlikely we should still prepare and hence i recommend waiting for confirmation of continuation to the upside. I suspect we will play between 24 and 25, in which case i may open a buy position on Friday or next week Monday on as around 24.xx is a good deal for silver. Taking into consideration that we still have a long way to go to even get close to Silvers all time highs as apposed to Gold blowing past its all time high.