As for now the momo has passed, that is true. And even sideways actions could result. But if he had shown up when ZSL was 9.80 - 9.65 (with or without charts) I would have been impressed. But now, what gives. The lowest gold can go is really 1305 unless they naked short it to death. BTW, thanks for noting that I trade with logic, as it does help to prevent emotions screwing things up. But sometimes the market can as without logic (or maybe by some variable you forgot to look at).
I guess we are going to find out if he stays a millionaire.
I’m still curious what are they looking at on this chart. And are they? Is it BS?
I am bullish precious metals long term and I agree that silver is one of the greatest opportunities we have in terms of investments in our era. I am long precious metals with my long term investment account and playing the weekly pinch on ZSL as silver consolidates. ZSL is not a long term play for us. (no longer than a month or 3)
I like silver long term no doubt. Just making money on the other side ;-)
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