As we continue trading in the middle of May, an epic move is coming. This has to happen…
Silver Miners vs Silver
May 14 (King World News) – Graddhy out of Sweden: The ratio silver miners vs silver shows a very nice setup now.
The 9-year blue triangle should hold some serious energy.
KING WORLD NEWS NOTE: Silver Miners To Significantly Outperform Silver In Coming Years
Gold
Graddhy out of Sweden: If the red parabolic trend line is to hold on the next backtest, the way is still up.
Gold is still respecting the red parabolic trend line perfectly.
KING WORLD NEWS NOTE: Gold Still Respecting Red Parabolic Trend Line
Slingshot move in play that now does look parabolic.
4-year pattern that is just stair-stepping up.
Been saying since blue breakout that $3000-$3300 is next. It reached $3500 and high odds now for that gold has topped for this weekly cycle.
Said at the blue 13-year breakout that the probabilities favoured gold doing a historical lockout move, i.e. not backtest the blue breakout. And that is what happened.
Note that if we get a similar weekly cycle decline like the last one circled in pink, it could backtest red line again, and take off again. Only the charts will tell us what we get, if interpreted correctly that is.
EPIC MOVE COMING: This Has To Happen
Graddhy out of Sweden: Silver miners outperforming gold miners is one of many main characteristics of a large bull market in precious metals.
I think it is time again for an EPIC move in silver miners. The very nice looking ratio chart below now has a false breakout below a very bullish blue reversal pattern. Means a trend change to the upside is coming.
KING WORLD NEWS NOTE: Silver Miners Are Set To Outperform Gold Miners
These opportunities are very, very rare, so do not miss it, and do play it right.
Most play the market with their emotions. They react to everything, plus have no strategy or trading/investing rules. They do the same thing over and over without changing. To succeed in trading/investing, it is vital not to participate in this emotional roller-coaster, but to make use of it instead.
And when a bull resumes, like gold and silver now has done, it is vital to change mindset. One can not play a bull with a bearish mindset. And, if you doubt the bull, you will not be able to change mindset, which means you will not be able to make good use of the bull. You have to believe in the bull or you end up being a victim of the wall of worry, i.e. your own emotions. And, most do need help with this.
JUST RELEASED: Price Predictions For Gold, Silver And Much More!
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