Here is an important look at silver and the US dollar.
Silver’s Key Resistance
February 3 (King World News) – Graddhy out of Sweden: As (with) Gold, silver also has an obvious single-line resistance level right now (black thick dotted). Silver is unlike gold still below its thick dotted black line, having formed a purple bull flag as a probable halfway pattern, which PO could very well be the coming ICH (Intermediate Cycle High).
Silver Marking Time Before Breaking
Decisively Above $18
One of the great gold opportunities and you can take a look at this remarkable company and listen to the just-released fantastic interview with the man who runs it by CLICKING HERE OR BELOW
GOLD BULL CATALYST: US Dollar Troubles?
Graddhy out of Sweden: Bearish engulfing at possible DCH (Daily Cycle High) day 19. Then follow-through this Friday with massive down candle, taking out all four MAs (Moving Averages) plus red dotted DC (Daily Cycle) decline line, and with that confirming the DCH (Daily Cycle High). That candle can’t be healthy for it.
Setting Aside Today’s Rally, US Dollar
Chart Doesn’t Look Healthy
KWN has now released a great interview where Bill Fleckenstein discusses what to expect in the gold market, the stock market, bond market, commodities and much more and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
Coronavirus, China Stock Panic And More
ALSO RELEASED: Two Of The Greats On Coronavirus, China Stock Market Panic, The Fed’s Role And More CLICK HERE TO READ.
© 2020 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.