Over the past few days, I have been seeing silver prices during my prayer time. The ones that have already been fulfilled have all been turning points, so I believe these are good places to take profits.
On November 30, I saw a .35 and a $17.13. The .35 was fulfilled two days later, on December 2, when the price dropped to $16.35. The $17.13 was fulfilled on December 7. Since then, the price has been trying and failing to break through resistance in that range.
On December 7, I saw $15.00. The next day, I saw $14.99.
On December 9, I saw $16.80, $16.30, and $16.23. Seeing all of those the same day got my attention, thinking perhaps these are coming very soon. Previous prices have been fulfilled within a week or so, but I have not seen any dates, so this information is incomplete and impossible to use for trading decisions.
$16.80 was fulfilled on Sunday evening and again today. Both times, it was a turning point. I am still waiting for the others.
Insights shared by others suggests the recent support level holds, which might be why I saw $16.23. So perhaps that is the low before we begin the three legs up, which I shared in my previous post on December 7. That is just speculation, but if it is correct, then $15.00 would come after the move up and big drop back down. On the other hand, if the price does not bounce at $16.23, $16.30, or $16.66 and continues dropping all the way to $15.00, then those numbers might be resistance points for the move back up. I am still seeking God for clarification on that sequence.
The information shared here relies on interpretations that might not be accurate. It is provided only as a starting point for prayerful consideration and not as a recommendation for investing.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
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