View: $SILVER handle.png

$SILVER handle.png

Comments

TombTomb
Here is part two of my guess of a possible cup with handle formation. Also see the "cup" of my earlier stack from today. My read of the RSI strongly suggests more gain in silver ahead. My best guess of the EWT count (for anyone out there that cares) is that we are at a large 4th. wave position were a triangle (contracting or expanding) is common. So we shall see but I would not be surprised to see the next move in silver to be into the 40's. Obviously not enough in itself to trade with but it could help to anticipate. Take care. Have a great rest of the week. Tom B 7/10/13
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