jackwheeler

Silver possible will Bull soon

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TVC:SILVER   銀CFD(米ドル/オンス)
Hey guys, this is part of my post earlier explaining the bigger picture and what we could be seeing till the end of the year into 2023. Gold and silver are both bouncing on previous support lines and after the next sell-off in the equity markets, we could see a double bottom solidifying the bottom for now and see precious metals bull hard maybe back up to the highs of this year before the next inflation cycle downturn early next year.

This idea is supported by the pattern with the AUD - USD, if you compare Silver with AUD they track perfectly so is a great indicator of precious metals markets (chart below).
DXY and yields falling also support this idea.

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