Is this the move i have been predicting?
Well if so...it should only be the start of something big. Lets wait and see after the market opens up on the back of some interesting Geo Political events.
Lets take a closer look at Silver:-
Here we have some intra-day charts.Firstly 5 minute view
Looks like an impulsive move, however this should correct back to the averages. But for now this looks a healthy move.
Similarly we the 15 minute view that further highlights the breakout indicated above.
The hourly looks eually impressive below
A couple of things I have noticed about an impending big move (indicated below).
We have been steadily watching these red dynamic triggers over the past several weeks (now 7 in total). This suggests something big this way doth come. Price is currently at the top of the range and just pierced the 233 day moving average. It really needs a close above and then some to cement a pattern shift.
There is a tremendous squeeze developing which essentially signals a Bollinger Band & Keltner Channel relationship that is tight (one inside the other). Once the bands make move outside the channel. It's going to be explosive
Also we can see power projection and time resistance cluster. This is another heads up to an energetic move.
Whatever happens there is still a need to be patient during these "managed" markets. Always hold physical gold & silver (like the big boys) & be your own Central Bank.
Remember,,,trade what you see and not what you think.
