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Topic: Jan 31 2018 Silver (Read 487 times) previous topic - next topic

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Jan 31 2018 Silver
The Fed left rates unchanged today.
I feel very good about silver, gold is strong, there was some whip sawing today, but took it well.
I know adam and eve is not a continuation pattern, but drew it anyway. I think the premise of a sike being retested by solid buying is there.  Nice W in the eve. Silver need 17.35 to really be in the clear for takeoff.

  • Last Edit: January 31, 2018, 04:36:28 PM by edthelorax
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Re: Jan 31 2018 Silver
Reply #1
Looking at silver, you need that day today or some really solid support to hold silver up. It doesn't appear there is cyclic support until around Thursday of next week. I find the sine wave can be helpful when looking for phases of support. GL, it could and will most likely be an interesting show.

Re: Jan 31 2018 Silver
Reply #2
Makes sense TY Chart_ist.
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