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Re: Olti100 post# 7546

Sunday, 11/10/2019 11:02:28 AM

Sunday, November 10, 2019 11:02:28 AM

Post# of 19484
Based on my calculation (purely technical - Elliot Wave

Silver's impulsive wave started on Week ending May 20th (14.27)
-- Ended week ending June 17th (15.53) (1)
-- Corrected 50% to 14.87 weekending June 1st (2)

Started Wave 3 with 3.618% extension ending on 19.62 (2nd Sept) (3)
-- Correcting already crossed 50% correction 16.99, probably hit 61.8% Retracement to 16.31 (could come this week)..

Silver will go for a wild run with Driving Minors up ... Minors yet to start real run...


Gold to Silver Ratio:
Hit high on July 1st with 93.39.
Is on third leg up after going down to below 80 on week ending Sept ..
It is correcting to 61.8% Retracement to 88.

Gold the lead the rally and Silver will follow and take over the rally by % by driving down on Gold to Silver ratio close to 65 area during next rally, this will be huge...
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