Silver Awaiting This Key Bull Market Signal / Commodities / Gold & Silver 2019

Although gold has successfully signaled itsbull market, silver is yet to convincingly do so. It may be true that silverfollows gold, but the two can diverge for quite some time. So, it is essentialthat silver gives us a clear bull market signal to confirm that the bull isreal.

The following technique could provide a wayto track silver until it provides that clear bull market signal.

Below, is a long-term silver chart:

On the chart, I havemarked two patterns 1 to 5, to show how the current period is similar to theperiod circa 1983.
If the comparison to the 1980s pattern isjustified, and the current pattern continues in a similar fashion, by breakingdown at the red line, then silver will go continue in a long bear market. Ifthe current fractal diverge from the 80s fractal by breaking out at the greenline, then the bull market will resume with vigor.

This means silver has a lot of work to do.However, with the stock market near all-time highs, interest rates near alltime lows, and trust in governments near all-time lows; the current economicand political conditions areperfect for silver to perform extremely well.

For more on this, andsimilar analysis you are welcome to subscribe to my premium service. Ihave also recently completed a Silver Fractal Analysis Report as well as a Gold Fractal Analysis Report.

Warm regards,

Hubert

“And it shall come to pass, that whosoevershall call on the name of the Lord shall be saved”

http://hubertmoolman.wordpress.com/

You can email any comments to hubert@hgmandassociates.co.za

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Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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