kdenery
Long

Silver has Begun its Comeback

TVC:SILVER   SILVER (US$/OZ)
Silver             has been forming two very clear round bottoms, one in the medium and one in the long term. And like any commodity, its value should only increase over time as less and less of it exists in its pure state outside of products. The DMI looks primed for another spike.
I've set two different long positions depending on your preference as the larger will most likely take a sizeable amount of time relative to the smaller.

There's also a third long position to consider on the medium time frame,
Medium:
snapshot


Thanks to @stevensphere for turning me on to this one.
ON THE 3 HR TIME FRAME IT LOOKS LIKE THAT SILVER IS IN FOR ANOTHER DIP DOWN THIS TIME EVEN GREATER DOWN TO 16.07
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