OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Silver

Posted by redneckokie1 @ 12:30 on July 1, 2016  

the weekly continuation chart has a reverse point wave on the bottom contained in a head and shoulder formation. Expanding a little, a cup and handle bottom contained in a larger h&s bottom. The only bearish sign is the relative strength index is rising into an overbought condition. Silver has a long history of ignoring overbought conditions.

the shorts are really getting burned here so expect a sharp correction after the weak shorts are assassinated . Some very much major resistance has been shattered so this rally may go much further than expected.

rno

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.