Silver Surge Continues (w/Gold)
02/10/16 Weekly Re-Lay Alert: “Gold & Silver continue to accelerate their advances, nearly fulfilling expectations for an initial 11–12 week (ideally longer) advance from their Dec. lows…Silver is increasing the likelihood that it has set a Major bottom, fulfilling multiple yearly & monthly cycles while forming a bullish wedge and then triggering a 3–6 month buy signal on Dec. 11/14th.
Silver has neutralized its weekly trend (a lagging/ confirming indicator), but cannot reverse it to up until Feb. 19th, at the earliest…
1–4 week traders should have bought March Silver 14.750 call options at 12–14.0 and exited ½ of these at 64.0 w/avg. gains of about $2,500/option.
The other ½ should have been exited at 75.0 w/avg. gains of about $3,050/option.
3–6 month & 6–12 month traders and investors should have entered long positions in Gold & Silver in mid-Dec. (at ~1046–1076/GC & 13.62–13.88/SIH) and should hold them until [reserved for subscribers only]” TRADING INVOLVES SUBSTANTIAL RISK. See Hypothetical Trading Disclaimers
Gold & Silver’s initial advance needs to exceed 12 weeks in duration – and exceed 4-Shadow price targets – to confirm outlook for the remainder of 2016. Substantially higher levels could be seen if that occurs.