Friday, July 1, 2011

Silver ready to move..

On May 15, just a day or two after Silver hit 32.30, i had a post stating that we had just seen a 'major bottom'.. That level has held for more than 6 weeks, and i expect it to hold for the weeks to come too..

On May 20, another post called for a continued move higher...

On my last post on silver on May 26, i was shorting near the 38.5 level saying it had moved too much too fast..

My opinion is still that the 32.3 level will hold...and that on Tuesday July 5th, we will start a strong move higher from the 32.75 level...(Monday markets closed for Thanksgiving)


-------------------Updating this post quick on July 21...Silver has moved up rather quick..Im expecting a move lower soon, before its final wave higher towards 45-46 that should cap it off for a long time...



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