Silver Is Ready To Take Out Key Levels / Commodities / Gold & Silver 2019

Silver is now ready to follow gold andsuccessfully signal its bull market. In fact, it is important that silver doso, in order to provide another confirmation that gold’s recent rally is“real”.

The following technique (as presented previously) could provide a way to track silveruntil it provides that clear bull market signal.

Below, is a long-term silver chart:

On the chart, I have marked two patterns 1to 5, to show how the current period is similar to the period 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 continue in a long bear market. If thecurrent fractal diverge from the 80s fractal by breaking out at the green line,then the bull market will resume with vigor.

Silver has now made significant moves overthe last couple of months, and appears ready to confirm the bull market.

Once it breaks through the above keylevels, it would confirm that it follows this pattern, below:

It still has a lot of work to do, but thisis likely to happen quickly now. The stock market is still near all-time highs,and is looking very vulnerable to a massive collapse. This will provide theacceleration that silver needs to move even faster.

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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