Alright, here is a silver chart in Aussie dollars.
Notice a similar formation not long ago?
Yep, H&S looking to break downwards very shortly.
Because the peak is higher and neckline is lower, expect a bigger drop than last time.
Silver speculators are about to get flushed out of the market in my view.
Market does this all the time, too many people thinking it will go up. Watch them sell on the way down.
I'll be looking to buy the physical when it hits AU$12oz.
I hope I haven't upset anyone. :P
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- ck, silver chart aud - get ready for big drop!
ck, silver chart aud - get ready for big drop!
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