Morning all.
I really should add to my previous post.
Here is an opinion from Michael Oliver that I think is accurate and important to our timing with our next moves.
His update on silver at 12:30 is more than interesting but I like the whole of the interview.
Here is the latest charts on both Gold & Silver.
That shows a lovely compression that I have not applied trend lines to but you can imagine them forming a triangle which is coming to a point right now.
I will give it until about next week or soon after before we see the next serious leg up.
For those of you that may notice- there is a H&S here that indicates a further drop but I predict will be a failure.
Certainly not 2,100 that I have heard suggested.
Any possible move down will be very limited.
Here is the Silver chart which I see as stronger than the Gold chart in that I think it has more TA catalyst for an explosive move upwards.
Silver looks like it could possibly take the lead here.
Timing for a drill campaign could really be well timed now.
On a different note, I leave in 2 weeks for NW Australia.
Will be gone for a couple of months so limited posting through that period.
Happy to leave the position unsupervised during that time given the PM outlook.
Kind regards, Wack
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