Please watch the video and you can understand my scribbles below. Happy watching all.
- points to buy : when price is below the Moving Average line, 7 points from 2001 until now
- draw support line which meets 6 lowest points + trend line = triangle
- it will break the triangle either downwards or upwards
- Shoulder + Head + Shoulder : where's the neckline?
- Flipping it over, the head for gold can reach USD2100/oz :D
- silver, manipulated heavily, thus difficult to analyse
- showing Shoulder + Head + Shoulder as well. Neckline, flip it over, silver becomes USD44/oz
- big resistance, a pullback, new Head & Shoulders, neckline, flip, silver is USD60-65/oz.
- double the price today. (At the point of writing, silver price is at USD28.83/oz
- In Sept 2010, silver was USD18/oz, moves up to USD44/oz. It doubles the price. Mike was right at that time.
- Every pullback is a gift
HIS POINTS :
- If you wait until Crisis before you do anything, it will be too late
- Continue to educate yourself