Fibonacci Targets

The last update on silver (here), presented the potential to either levitate higher or continue with downward pressure (not advice, not a recommendation).

Since then, silver (SLV) has declined another -11%; now, as we’ll see, it’s between two Fibonacci projections.

Silver SLV, Weekly

Of course, based on videos like this, we can say that ‘nobody’ expects silver to get below $50/.oz (not advice, not a recommendation).

Well, almost nobody 🙂

Stay Tuned

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The Danger Point®, trade mark: No. 6,505,279