silver ready to rocket higher, page-7

  1. 2,859 Posts.
    I agree silver is now set to rally and after todays spanking early next week looks like a good buy opp if the price goes a bit lower it should then rally into the end of the week and onwards.

    Last weeks bullish reversal with nice green candle combined with triple bottom support should mean a nice rally up to around the 61.8% retracement level of $33.25 and possibly the 76.4% level just under $35. But keep in mind the triple bottom means one thing as far as I'm concerned - sub $26 is now a mere formality once this rally is over as double and triple bottoms rarely end trends.

    El Capo
 
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