How nice would it be if we could see the future. You could easily make hundreds of millions in a day literally if you forsee where the market is going especially with the amazing leverage options that many trading brokers offer. I have been using XM and i have no complains of now. 

Well, with that said the point is that as mentioned in the previous post with reference to Gold;its about time that Silver too will rise above everyone's expectation on one side and on the other side the much probable stock market collapse. 
I usually trade on the H4 & daily and below are some snaps of the same. Look carefully what can you deduce?

**DAILY**
![](https://steemitimages.com/DQmZ1v78bnvbn8Ez4BRHrpQFYXVKcSNQTtaWzNno2BWTqee/image.png)
**H4**
![](https://steemitimages.com/DQmUCHk7Dq2qGUVfZeaAyQRy6FweaQuDZVgHX5D8BoBERE9/image.png)

Well yea, we have good decent support there that hasnt been broken yet and all. nothing special and i certainly cant see much information in here to make a trade based on the information above ...

But hold on now lets, look at the weekly chart 

**Weekly**
![](https://steemitimages.com/DQmRnSDpQ3xdUqimChsGa7Sm4hcMPkPu8z5kVbGsXTZEsm5/image.png)
Wow, What is this! The overinflated stock/bond prices & geopolitical economic tension is for a fact bullish for precious metals but not just that the chart says that too.

i) We are a long term trend & price support.
ii)Beautiful Cup & Handle formation(red circle). The handle is getting rather long haha 
iii) ~78.6% Fibonacci level (can be a great entry point, how much further down can it go???)
iv) Now consolidating and pls patiently wait for the breakout.
 
![](https://steemitimages.com/DQmcwqJkorMENrBcuMUZnMZuTnWNzVgHFK5i9m6cRVs9gqM/image.png)
Well the indicators are all showing strong sell. We are at $16.5 silver price an ounce we can see it go to a little down and test the $15 range play around for a while only to double its price to $30 guesstimate...Well, thats atleast what i believe. I have low leverage smaller lots buy longs @ $16 and just waiting patiently do a bigger one around $14.5 or $15.

I hope you find this helpful and if you are not a trader just go and buy some physical gold & silver, you will be much better off :) The information provided in here is only my point of view and should not be considered as financial advice .

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