‘silver’ Archive

Silver- Large bearish reversal pattern (bearish wick) taking place

silver daily hitting resistance bearish wick april 21

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Let me start with this…One mornings action “Does Not” make a trend!

This chart looks at Silver over the past few years. Silver futures have done well to start this year. The 90-day rally has Silver facing 3-year falling resistance at (1). It is making an attempt to change …

Nasdaq to follow Silver and decline 30%+?

silverndxdoubletop years apart feb 8

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When assets reach prior highs, its time to pay attention from a Risk On & Risk Off basis.

The chart on the left is Silver, going back to the mid 1970’s. As you can see it reached $50 in the early 1980’s and then quickly reversed, losing over 90% of …

Gold/Silver attempting to break 3-year falling resistance

It’s been a rough 3-years for the metals space.

“THE” worst 3-years in history for Gold and the 3rd worst 3-year performance in history, for Silver (see table below). The Power of the Pattern shared in 2011, that metals should be down for years to come. (See post here)  

Is the trend about to turn …