While the gold miners are looking to finish the ABCDE triangle consolidation shortly, they still have not decided whether they will go lower to touch the E at the bottom of the triangle or break out early and leave E behind. Hi Ho Silver however, already gave us a fake breakout first, and has now
gone down and touched the lower triangle point E. This is a buy point as the sideways action or downside should be limited from here, but the upside is massive especially in the 3X Leveraged USLV. I'm a buyer of this now and will be watching the gold miners to follow Silver shortly after silver starts it's move upwards.
gone down and touched the lower triangle point E. This is a buy point as the sideways action or downside should be limited from here, but the upside is massive especially in the 3X Leveraged USLV. I'm a buyer of this now and will be watching the gold miners to follow Silver shortly after silver starts it's move upwards.