Silver pattern back in play, for now

On Friday, I shared several new insights showing silver prices moving higher. Today, I received another one, a short vision of a black and white police car facing to my left. My view was focused on the back seat, which was light grey color. I interpreted it to mean oil and silver prices (black and white) will soon move up because the car was facing left. The light grey color of the inside of the car was another reference to silver.

Despite seeing a lot of bullish silver insights recently, I am also waiting for the fulfillment of a bearish move because I saw Brad Pitt in a dream on July 23. However, after fifteen trading days, silver has still not fallen into a pit. The first time I saw Brad Pitt in a dream on February 27, silver started dropping four trading days later and continued dropping 9.3% over the next two weeks.

On August 5, I saw another bearish indicator, a chart showing a line moving up steep, crossing above a horizontal line, then moving down steep. That pattern appears to be happening now with $17.00 as the horizontal bar, which might or might not be what I saw on March 15, a rounded top forming at $17.10 followed by two legs down to $14.45. That pattern appeared to be forming early on Friday morning, but I gave up on it after the price moved up to $17.25. However, shortly afterwards, it dropped to $16.93, then spent the rest of the day moving back up slowly, closing the day at $17.12. So far tonight (Sunday night), the $17.12 top has held as prices have moved down a little, currently at $17.09, so it appears the pattern is back in play. If it holds up, silver would first drop steeply to $16.16 before bouncing a little. Then it would drop steeply to $14.45. A steep drop stopping anywhere other than $16.16 would indicate it is not the start of two legs down, but might still be big enough to call a pit.

If the pattern holds up and the price stays below $17.12, I will likely open a short position, buying shares of DSLV.

My assumptions and interpretations about these insights might be wrong. This information is provided only as a starting point for prayerful consideration and is not a recommendation for investing.

James Bailey

Author: James Bailey

James Bailey is an author, business owner, husband and father of two children. His vision is to broadcast the good news of Jesus Christ through blog sites and other media outlets.

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William
William
Member
August 14, 2017 6:38 AM

James,
If you see 4h silver chart, the dome should be the thing we are looking for , for the two legs down. What do you think?

William
William
Member
August 13, 2017 10:40 PM

Thank you James. the coming one to two weeks should be the time for this two legs down for the silver, because it matches the prophetic word ” head fake ” Phanuel received. Phanuel implies that the equity market should move higher after last week’s drop. Please tell us when get in DSLV. I am going to get in.

Stirred-not-shaken
Stirred-not-shaken
Member
August 13, 2017 10:36 PM

James, your attention is at the right (bearish) of the picture, and police cars are boundary enforcement. 2 most recent support barriers are 16.25 and 15.50, additional ones going further back.

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