SILVER PRICE FORECAST APRIL 2011
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Uploader Comments (bgbyer)
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Guys, it does not matter how much silver price was, is or will be. You can not put $ value on to this metal since the $ is just a paper. If the "price" goes up, it means just $ value went down.
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Good prediction, looks like it is coming true! Will drop a bit before contracts come due near end of April and take off again.
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41.368 , is the silver in now . 2.92% gain .
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we will see.
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I worked the chart again (April 26) and it appears that markers at $41/43 area could be valid. which means that it will continue to fall to these levels and may reverse there.
bgbyer 10 months ago
I WORKED THE MONTHLY SILVER CHART AND IT IS A TOUGH CHART TO WORK BUT I CAN SAY WITH A FAIR AMOUNT OF CERTAINTY THAT THE FINAL STOP TO THE TOP IS AROUND $45.00 - SO IF YOU ARE HOLDING LONG BETTER LOOK AT $44 FOR A PROFIT TARGET. MY FEELING IS THAT WHAT I POSTED IS TRUE IN THAT THERE WILL BE A SMALL PULLBACK TO THE $41/42 RANGE THEN TAKE OFF BACK LONG TO THE $44/45 RANGE AND THAT IS ALL.
bgbyer 10 months ago
I would like to state that silver is not going to keep climbing eventually it will pullback so protect your positions with proper money management. This is my opinion not based on my technique but rather just common sense. Don't hurt yourself by being greedy.
bgbyer 10 months ago
4/15/2011 SILVER HIT A HIGH OF $43.09.
bgbyer 10 months ago
4/15/2011 SILVER HIT A HIGH O $43.09.
bgbyer 10 months ago
APRIL 14 -15 PRICE HITS HIGH OF $43 TO $44 THEN MOVES DOWNWARD TO TO ABOUT $41-42 WITHIN 4 TRADING DAYS OF APRIL 14/15. PRICE WILL EITHER CONTINUE UP OR STALL -( DID NOT DO FURTHER ANALYSIS)
bgbyer 10 months ago