

Bullish
495 posts

@Bullish530184
cautiously optimistic, complete with pessimism




Silver is at $70.49. Wave 4 correction is in its final stage. Wave W dropped to $63, Wave X rose to $96. Now Wave Y is in play , expecting a final drop to the $55–56 range by mid-April. The red trendline is still not broken. Without a break of this line, no upward move begins. When Wave Y completes, Wave 4 ends. Then Wave 5 begins. Wave 5 target: $150. #XAGUSD #SILVER





Thoughts after a brutal week for the metals: #Silver closes the week below the 100-day MA after a bloody Friday but sits just above the series of pivots that held Thursday. While these pivots could hold, it’s impossible to call the bottom with conviction until the red downtrend is cleared. Still a long way to go. If it falls below this week’s low next week, it is likely headed for the rising blue/200-day MA support in the high $50s. I would describe that as highly likely to hold for a weekly close (allowing for a panic washout wick below). So, either this was the bottom, or the next downside target is the high 50s. Complicating the picture now is the distance from weekly cloud support. Having reached these depths, it is hard to imagine price not at least trading sideways for several weeks until it comes closer to the weekly cloud. So, at best, I see extended sideways consolidation before an eventual recovery, even if the initial downtrend is broken. Meanwhile, two interesting ratio charts remain at resistance and might help determine whether this is the bottom of not. I will post those next.


$SILVER I think the key point people are still missing is that just because silver is a long-term bull market, that does not mean every drawdown is a buy-the-dip opportunity. Structural damage has now been done, and once a market loses that kind of key level and momentum, the burden of proof shifts materially.... As I mentioned yesterday to subscribers, my updated silver risk roadmap does not actually deviate that much from the one from two-three weeks ago 👇 But there is one additional scenario that, while not my primary, is absolutely still viable and should not be dismissed out of hand... If you take the 2020 low to the 2026 outer high, a perfectly normal Fibonacci retracement points you into roughly the 35 area. And when you combine that with the broader structural backdrop - the 1980 outer wick, the 2011 quarterly/monthly closing zone, and the fact that the real breakout only happened in mid-2025, which is very recent in macro terms - then that 35-ish silver scenario becomes entirely defensible from a technical perspective. So no, I am not saying that is the base case I am betting everything on right here and now. But I am absolutely saying it is NOT a zero-percent scenario. Quite the contrary. It is a real possibility, and one that becomes easier to respect when you look beyond silver itself and study the miners and miner indices, which in many cases still look like they have a long way lower to go before any true reset is complete. That is also why I keep saying: do not confuse a bounce with a bottom.. Yes, after a move like this, we will probably get a bounce at some point; maybe even a sharp one. But a bounce inside a damaged structure is not the same thing as the start of a fresh bullish impulse. And that is where I would strongly disagree with some of the large accounts still presenting this as some kind of obvious dip-buying opportunity. In my opinion, that is far too casual, especially now that we have lost the 72 area and the broader trend has clearly rolled over. Calling that out is no crazier than me calling 72 by month-end a while ago; people laughed at that too.... I still like gold and silver longer term. That has not changed. But in the foreseeable future, I do not think silver’s time is here yet. The trend is down, the chart has taken structural damage, the miners are confirming weakness rather than strength, and while there will almost certainly be tradable bounces, I think the next meaningful move is still more likely lower before higher. deepvaluesignals.substack.com/p/dvs-weekly-u…



GOLD is repeating the 1979 setup, when there was a sharp DUMP!! Same chart, 50 years apart.. 1979: Iran war → oil 2x price → chaos and dump 2026: Iran war → oil 2x price → (we are here) I created a pre-dump GOLD trading guide using AI based on OpenClaw.. All you need: a phone + Claude + 1 hour a day (free) To join: • Comment "Gold" • Like and Retweet Same pattern. Same setup. History doesn't repeat but it rhymes. (Must follow me so I can send you a DM, good luck)


SILVER - The forecast I issued back in December still applies 👇



We mapped out silver’s roadmap to $150. We are now exactly at the point we planned. In the analysis we shared earlier, we said the price would move sideways for a while and rest. That is exactly what is happening. The price turned from $96 and is currently moving downward. The only level we need to pay attention to here is the $64–67 zone. As long as the price stays above this region, there is no problem — it is just resting. When this resting phase is over? The target is clear — $150+. But there is no rush. We do not take positions before the structure is completed. #XAGUSD #SILVER






S&P500 📈📉 — The S&P500 is currently up +925% from its 2008 low at the bottom of the Great Financial Crisis. What’s more, it has breached the upper yellow trend line that connects the top of the Radio Communications Bubble in September of 1929 and the top of the Dot Com Bubble in March of 2000. This is by definition a “blow-off top” for the present AI Bubble. Precariously, the weekly chart for the S&P500 appears to be rolling over, and there is hidden bearish divergence in the weekly RSI. This is a devilish signal. It is absolutely essential that the S&P500 holds the 1929-2000 yellow trend line as support, or things could get ugly. What would a significant correction in the S&P500 likely entail, and what would it mean for precious metals? 🤔 Full write-up available for members of the Telegram Channel ✍️ 👉👉 buymeacoffee.com/drpotassium For the good of the order 🫡 Warmest regards, Dr. Potassium



