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Spamwich
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Specialty: Technical Analysis My early years were not so rich, I had a poor family, at age 12 I landed my first job as dishwasher for $6/hr, by 14 years old my mother suggested to cut grass around our town for extra money, so with what little money I had, I put into some fliers and a lawnmower.... More
  • $SLV: Price Structure Spotted 2 comments
    Mar 11, 2014 12:18 AM

    (click to enlarge)

    Lower targets are still expected, Silver futures $20-$19 is the target zone, breaking that support will allow me to set my next likely target. For now price is correctively moving downward, I'm looking at this structure from a bearish perspective, I think silver continues to make lower highs while moving into my target region.

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  • Sheldon Sutherland
    , contributor
    Comments (67) | Send Message
     
    Looks promising. I'm hoping gold drops into the open of GLD to give us a 3 time fail above 1350, but it has quite a bit of juice tonight. We'll see what happens. Thank for the chart.
    11 Mar 2014, 11:01 PM Reply Like
  • Spamwich
    , contributor
    Comments (331) | Send Message
     
    Author’s reply » Anytime !

     

    I don't generally look at gold charts so I can't opine there, Good luck.
    12 Mar 2014, 01:06 AM Reply Like
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