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…It goes as far as the feet carry on. Endless and agonizing seems the downtrend in silver and gold, meanwhile. All attempts of recuperation are nipped in the bud. This is the first important finding of the last trading week. Though last Sunday I expressed my hope for the soon termination of the current tendency that has been on since the end of October, nothing has changed about the unambiguously present downtrend. Gold and silver keep on lying down to the floor one new lower daily high after another, combined with lower daily lows. This is the way a downtrend is defined.
Best we are shown by the upper line of the 3rd double arc why such a situation is dominating at the moment, why silver (and thus gold with it) had to fall unalterably and when this downtrend may finally come to an end. This upper line of the 3rd in the weekly time frame of the 21 candle duplicated GUNNER24 Up – last presented and analyzed here – is our ideal optical signaler for the moment the bull’s suffering will finish and the next lasting upmove = change in trend will have taken place:
Recently updated: Silver 4 Hour
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