SILVER - SAFE HAVEN -
Added 2024-04-22 11:31:49 +0000 UTCThe Israel - Iran conflict does not appear to be escalating any further from both attacks and Silver and Gold are taking a breather.
We have been waiting for a pull back after testing the $29.79 level close to the blue line and the plan remains the same, a pull back in 3 waves to the green Fib levels and holding, then I will buy again as my safe haven.
50 Day MA is only now at the 0.618 Fib at $25 and I expect this to drift up to $26, so a hold at $26 will be a buy signal for us and I will be adding here by moving more cash into Silver.
Comments
It is now almost $25. Ok to add?
Mark
2024-04-22 14:35:37 +0000 UTCWow, how fast you are! Thank you so much!
Mehdi
2024-04-22 11:45:48 +0000 UTCThat's done now
Gareth Neary
2024-04-22 11:42:21 +0000 UTCGar, would it be possible to chart SLV as an alternative for people who can’t buy Silver like you? The levels seem a bit different on SLV. Thanks!
Mehdi
2024-04-22 11:36:16 +0000 UTC
