Mike Maloney & David Morgan: Silver Breakout? Or Fakeout?

in #silver6 years ago

In this short video Mike Maloney and David Morgan talk about the recent price rise in silver.


Image from GoldSilver (w/Mike Maloney)

Silver.PNG
Snapshot from TradingView for Silver

Full Video

(00:00) Introduction;
(00:37) 3-year Silver chart;
(01:44) The "Morgan Rule" -- has not been achieved yet;
(02:04) Chart pattern -- pennant or wedge pattern --points to an eventual breakout;
(03:20) Volume;
(04:44) Silver price prediction -- Mike Maloney sees silver in the 30's as a possibility in a year;
(06:10) Sentiment;
(07:23) 10-year chart of price action and volume;
(09:23) Commitment of Traders chart;

14 minute video from GoldSilver (w/Mike Maloney) published 19 April 2018

I am not affiliated with Mike Maloney. I am a subscriber to the GoldSilver (w/Mike Maloney) YouTube channel.

The purpose of this post is to expose Mike Maloney's work to a wider audience, increase his views on YouTube, and hopefully increase the number of subscribers to his YouTube channel.

DISCLAIMER :

This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

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Thanks for share it👍👍

it's quite interesting... liked the content... 👍

the market seems to be in a uptrend now : )

Nice post..
Good work..@etcmike
Keep on steem..

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