Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
I am continuing to track Comex Silver closely because of popular demand. Some subscribers re-entered at lower prices after getting stopped out of a position that racked up a theoretical gain of as much as $22,000. From the chat room here’s my current outlook, along with a link you can copy-and-paste to see the chart I am using to call the turns:
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Thursday, August 15, 2024 |
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02:00 |
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02:26 |
Amazing calls again Rick regarding Silver. I was stopped out of position around 27.50 but then when i saw your post here and it had already gone down to 27.23 i realized i had to get back in. So i ended up getting in a bit lower thanks to you. It has now passed the 27.79 indicated in your chart as it’s right now at 27.95. What do you see next, sell half and target 28.61 and stop at 27.50 for the rest? I use to think i would invest in Silver and wait but given how unpredictable and jumpy it is i think it’s only good for trading purposes. Gold is so much better for being long and at peace too! |
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03:00 |
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03:07 |
The gratuitously vicious little sonofabitch is headed to D=28.60, which coincidentally is the original rally target. The target will become an odds-on bet to be reached if the futures can overcome their stall precisely at p=28.045. Here’s a chart, with an ABCD pattern that few likely see — and that is why it will work reliably for us: |
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03:08 |
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