Looking like a nice level to short at, a bit more extended that foretasted however lines up with some nice bearish indications.
Keeping inline with my previous post, looks like we have formed a C+H on the 1D and 1W charts. Should we break last weeks highs just below $16 we should continue on upwards to next resistance. Will be watching the SPX and XAU closely this week before feeling comfortable with a longer term trend change.
Just a simple fractal I noticed on SPX. I am sure many others are looking at the same thing. Can the fraud continue or will the system fall apart once again? Lets wait and see :)
Details on chart. Currently sitting flat, Have a bulk of physical silver but not in any margin or spot trades
Seems to be a lot of talks about the importance of NFP next week. Not looking to trade any fiat USD pairings and will be watching PM's for NFP. Sub 200k NFP surprise should drag this pair much higher. Happy how we have handled 13.85-14.05 and starting to feel bullish on Silver. End of month for Silver and Gold can get very volatile so low leverage is key for...
personally I think BTC over $300 is very bullish and I don't quite see above 300 soon. But this is crazy land so lets see how things play out. That said, I would not be surprised if we followed the previous pump and dump structure. Highlighted fractal and stretched. Forgot to mention, the green / purple boxes are where I brought on the SPOT markets so bring on...