About six weeks ago, I shared a short vision showing a play from a football game where the quarterback threw a long pass to a receiver running down the right sidelines. The receiver had just entered the end zone and was about to catch the ball when I noticed it was not a ball, but a large shiny white yo-yo, which was still connected to the quarterback by the string. The quarterback then pulled it all the way back to himself. (see complete post)
Since the yo-yo was shiny and white, my interpretation was it revealed a big move in silver prices that suddenly reverses and returns to where it started. I believe that is happening now and is about to reverse soon.
Initially, I thought it might begin with a move up because of previous insights showing a a similar sudden reversal coming for an up move, but we now have the benefit of hindsight showing this is a separate move. Silver prices have already dropped $1.50, from $17.16 on November 27 to a low of $15.66 today.
The drop in prices fits the yo-yo vision because the receiver was running down the right sidelines and from my left to my right. The right side is a common dream symbol for prices moving down because puts are always displayed on the right. He was also moving away from me, so he appeared to be getting smaller.
The bottom is unknown, but two different technical analysis charts show it is now within a few cents of a strong support level, so it might start bouncing there soon. On the daily chart, silver prices are well below the bottom of the Bollinger Bands, which typically indicates a reversal is close. However, other technical indicators are still showing it could drop further, listing it as a “strong sell” across all time periods. (Source: Investing.com)
If this is the fulfillment of the yo-yo vision, once it reaches the bottom, it should reverse and move all the way back up to about $17.16. Since it only took seven trading days to drop, I am expecting it will move back up just as fast.
Upward movements in silver prices can be leveraged with an ETF called USLV, which moves in the same direction as silver, but three times as fast. SLV is another trading vehicle for capturing changes in silver prices.
Prophetic insights like this often reveal incomplete information, which makes the interpretations challenging, so this is not 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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