Prepping For Another Silver Breakout

#silver #preciousmetals #gold

Trading Fam,

Silver has now touched my all-important red ascending trendline once again. I have decided to DCA in AGQ (2x long silver) today. Though we could drop further (thus, stops are important) down to my final target, my guess is that we’ll at least get a decent bounce here on silver for a few days and maybe weeks. Time is drawing short, and the paper war on silver can only last so long before true demand cannot be held back. I am expecting at least $150-200 per oz by year’s end.

Should we drop to that potential final target, I am willing to be stopped out until it is reached. At that point, I will enter in heavy. However, you wouldn’t be wrong to hodl through because in either case, the longer-term hodler’s will be paid well.

✌️Stew