It looks like Silver is in a blow off stage.
It may target $50.
This is the 1980 peak.
This could be a double top.
The point is not to enter at this stage.
It is too late.
Stay out of it.
Once we see the blow off peak and then the immediate sudden reversal - which will be very ugly.
It will then be time to short it all the way down to $5.
This is a multi year trade so you will need to have patience.
It may target $50.
This is the 1980 peak.
This could be a double top.
The point is not to enter at this stage.
It is too late.
Stay out of it.
Once we see the blow off peak and then the immediate sudden reversal - which will be very ugly.
It will then be time to short it all the way down to $5.
This is a multi year trade so you will need to have patience.
The Brigade Group is one of the South India’s leading property developers and has the prime focus of developing the world class of properties.
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