Happy to share this from my cycles man.Silver has begun to rally in sync with cycles bottoming on Jan 17 - 24 - the latest phase of a ~15-week low-low-low-(low) Cycle Progression… and athe final week when the weekly HLS pattern projected a 1 - 2 month low. It initially rallied without turning its daily trend up, ushering in the potential for a retest of the recent low.
If that low holds, it should - based on a normal Cycle Progression evolution - trigger an overall ~15-week advance into the first half of May 2024, a ~1-year/~360-degree cycle from the May 2023 high and 3 years from the May 2021 high. It would also coincide with when Dollar Index cycles next bottom.
Also listen to him.
This Week in Money – HoweStreet
Happy to share this from my cycles man.Silver has begun to rally...
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Last
6.1¢ |
Change
0.001(1.67%) |
Mkt cap ! $96.61M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.9¢ | $84.18K | 1.411M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 160610 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 238227 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
6.1¢ |
Change
0.001 ( 1.67 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 6.1¢ | 5.8¢ | 563899 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| IVR (ASX) Chart |