silver - potential danger- rut row
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Started by bear - Oct. 20, 2020, 2:28 p.m.

https://eresearch.fidelity.com/eresearch/evaluate/snapshot.jhtml?symbols=AG

go here and click on the 3 yr or 5 yr chart.  

since early 2018, up to the last couple months, there is an expanding megaphone.  

lows went lower and lower,  but the highs went higher and higher.  

a megaphone can go either way,  but often they break down.

i am watching this chart.  if  AG goes below 9 bucks then it will probably try to go back down to retest its lows of

2018,  or maybe even lower.  to avoid this fate, it needs to go (and stay) up past its highs for 2020.  

Comments
By metmike - Oct. 21, 2020, 2:06 p.m.
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 https://www.kitco.com/charts/livesilver.html



                                 
         



                     
        


By metmike - Oct. 21, 2020, 2:07 p.m.
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https://www.kitco.com/charts/livegoldw.html



                                    

Bull Bull
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By Richard - Oct. 21, 2020, 2:26 p.m.
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Silver Bullish.  going up!

By GunterK - Oct. 21, 2020, 2:43 p.m.
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monthly silver chart


By bear - Oct. 21, 2020, 4:04 p.m.
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i am still expecting metals to go higher , not lower.  but i am watching that megaphone closely.