SimpleMan
6.9K posts






The silver price is consolidating. What does this mean? Wave 3 is finished, and we are currently in the Wave 4 correction. Price is compressing inside a triangle, gathering energy with the a, b, c, d, e waves. During the correction process, we expect a pullback to the $67 band (red arrow). Then, once the triangle is completed and Wave 5 begins, the target is $150 (blue arrow). The $64 level is critical. If this level breaks, the count becomes invalid. #XAGUSD #SILVER




Francis Hunt says "somebody with incredibly deep pockets is buying December gold calls at $15,000 and $20,000 strike prices, on an industrial scale" At first I thought this was degenerate gamblers, but now it's looking like people who knew the world was going into a world war.





















