With the new high on the Silver, it now aligns with the new high on Gold, both markets can now be counted as a possible impulse wave from their respective 2018 low (5 wave rally). So if you are bullish the metals I would strongly suggest some caution here.
If the recent high ended a 5th wave of an impulse wave as shown, then a pullback in 3 waves can be seen to correct the advance from the 2018 lows, that would be a buying opportunity to those that have missed the moves on the metals.
Click here to sign up for updates for Gold, Silver, Crude oil and occasional updates for Natural GasCLICK HERE
Try it out for 30 days risk-free. Simply cancel before the first month for a full refund, no questions asked*
*New members only