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Is silver about to crash toward $50?
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ticker lesson
Breakdown
0:00Silver· ticker
Silver — down 5.9% weekly, bearish chart
- Silver down 5.9% weekly
- Chart bearish, support at $50
- RSI low but can go lower
- Correction in time, accumulation stage
1:56PSLV· ticker
PSLV — down 5.4 cents, physical bullion proxy
- PSLV down 5.4 cents
- Physical bullion on stock market
- Green line adjusted to $16
- Silver $50 = PSLV $16
1:57Silj· ticker
Silj — down 9.8% weekly, correction expected
- Silj down 9.8% weekly
- Correction in time, accumulation stage
1:58lesson
Dollar cost averaging in corrections
- Good dollar cost average time now
- Massive spikes take time to correct
- Accumulation stage ongoing
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