Replies to post #16997 on FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***GLD & SLV AT (or near) HIGHS OF THE DAY HERE***

GLD @ $67.00, +2.60%
SLV @ $132.50, +5.87%

[roguedolphin]

Silver....Still unsure if the correction is done. Are we working on a Fibonacci B wave of an ABC correction here??

http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=3&mn=0&dy=0&id=p69177330368

We could rally to $13.90-14.39 area (.618 to .75 retrace) and still possibly be setting up for another leg down or C wave to the final shakeout low below $10 per ounce.

Very tradeable rally here the past few days but I'm not convinced we'll see $16 before we see $10 per ounce.

Long-term bullish of course.

Stay tuned....