The Power of the Pattern suggested that a sideways pattern in Silver was about to end (see post here) and the patterns suggested to BUY Silver in the “Hi Yo Silver” breakout post. (see post here).
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I shared on Monday that even though it was Presidents day, Silver was trading and acting very well. (see post here) In that post I mentioned that Silver had the potential to test $50 if it can take out ole Uncle Fibonacci resistance levels!
Game plan….we are long Silver and like the idea of “overweighting” this metal on an upside break of key resistance.
