Silver Do You See What I See? Golden cross +800% Still at bottom
Updated
Not financial advice.
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Do you see what I see?
We had a golden cross at 17.72
A golden cross is defined when the 200 Month Moving Average cross the 20 Month Moving Average.
Now looking back at the last Golden cross we had a 875% increase in 2700 days.
Yes almost 9 years from the start of the cross to the top.
Also of note we are trying to have a monthly close above 24.00 which breaks us out of this huge triangle.
You can see we are oversold on the Stoch Rsi but saying this gives us a chance to rebuy between 17-21.00 for the long haul and yes the long haul is another 7 years.
But that's okay.
Always practice patience
#PIK
Patience is Key
#Think Like A Whale
Like and follow
Do you see what I see?
We had a golden cross at 17.72
A golden cross is defined when the 200 Month Moving Average cross the 20 Month Moving Average.
Now looking back at the last Golden cross we had a 875% increase in 2700 days.
Yes almost 9 years from the start of the cross to the top.
Also of note we are trying to have a monthly close above 24.00 which breaks us out of this huge triangle.
You can see we are oversold on the Stoch Rsi but saying this gives us a chance to rebuy between 17-21.00 for the long haul and yes the long haul is another 7 years.
But that's okay.
Always practice patience
#PIK
Patience is Key
#Think Like A Whale
Trade active
We are in what I classify as the value area on silver between 17.00-21.00Don't sleep on this
A death cross setting up on the weekly so a retest of the 17.00 area is okay but we are in wonderful value area. RSI is bottoming on the weekly again😀
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