Yesterday, I saw a short vision in which I was seated at a table, which was set for dinner with a white plate of food in front of me. Then a black and white cat came walking up to my plate on the table. When he got close, he turned his head to look around before starting to eat. That was the end of the vision.
Since cats are bullish symbols and white often represents silver, the white metal, I believe this shows silver prices are about to move up higher. Jim Reeve, author of the Handbook of Prophetic Trading, helped interpret this vision by explaining the significance of the cat walking on the table. Since table tops are between the floor and the ceiling, the coming move up in silver prices will start somewhere between the lower support level and the upper resistance level. Since the long term support level is around $15.00 and the current price is about $16.00, we might be close to the turning point today. He also identified the black color on the cat might be a reference to a short term bullish move in oil prices.
I am interpreting this to mean a bullish move in silver is very close. I closed my short position today and opened a long position.
I was not shown any prices, so I can only speculate about the size of this move up. Spot silver prices dropped from $17.22 on December 14 to $15.88 yesterday, which is a drop of $1.34. Historical patterns show prices often retrace about 62% of previous moves. If that pattern repeats here, silver would move up by 83 cents to about $16.71.
Other prophetic insights show a second leg down is coming after this bounce, which might take the price down to the $15.00 support level.
Unless otherwise specified, all prices shown are spot silver per ounce. 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 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.
© 2016, James Bailey. All rights reserved.