bagofXMR
Long

SIlver long to 24 usd

TVC:SILVER   SILVER (US$/OZ)
391 4 13
I've been a silver             bull for quite a long time (thanks to my silver             guru @EdTheLorax) and i have silver             account i've been slowly engrossing as i took profits from cryptomarkets.
This is my proposal for a potential path forward. Buying near 16 usd per ounce is always a good price.
With overvalued stocks in average, potentially war times coming, terrorism, social inestability, i believe in the next months/years we are going to see a price increase in both gold             and silver             , along with other precious metals, that can be physically stored. And among all of them, silver             is the most undervalued one, with a tiny market cap and price near historic lows.
Just wait and see.
The turtles will eventually win the hares.
Kommentar: We might be heading to a new buy oportunity in the low 16's
This seems a rejection of the breakout and would make sense to me. Silver won't easily breakout. It has to fakeout enough times to get rid of weak hands and squeeze as much as possible breakout traders before the real move.
Kommentar: At buying levels again.
agree, same bias
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I agree with you there was a nice opportunity to cash out some cryptos for silvah :) As shown below BTC priced in silver OZ:



patience is key !

Cheers,

Keops
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@Keops, Thanks for passing by and sharing your views mate :D
I love the first chart btw
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Keops PRO bagofXMR
@bagofXMR, thank you bro you are very welcome! Today is another bargain basement sale for silver!
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