Tag: slv

Silver – November 2, 2025

Gameplan for Silver.

I still see one more leg higher.

I’m also holding off, for now, on a long term count.. Why? Well, I told you NOT to trust my counting even though I do try. Remember, it’s all about the corrections – learn THOSE. Anyway, I see a VERY bullish count after these 5 waves complete but I don’t believe it. Right now, whatever wave this is or isn’t in the BIG SCHEME of things, I can see, pretty easily (which is scary) this as a wave 3 top – we are now correcting in a wave 4 – and then after this pullback we launch to new highs …

A nice ‘buy zone’ is appearing … this is what I’m monitoring to go LONG SILVER.

Below the lowest red horizontal line will, more than likely, lead to a loss as I just don’t see it going any lower than this BUT it’s all probability.

Last, note the how we are having the measured move corrections (red arrows) land right on the past .618 price projection. You’ve hard me say “remember the past price projections” as they count also! That’s a good first target and then, in this leg that I’m counting, we have 3 overlapping ratio’s along w/ structured polarity (resistance becomes support and support becomes resistance – polarity, yin-yang, divine feminine – divine masculine, good vs evil, light vs dark – this is a game of polarity folks – inhale, exhale.) on top of that confluence level. This looks nice …

5 waves down – A wave.

3 waves up – B wave (complete or a little higher)

5 waves down in a pretty nasty C wave into the buy zones as shown

BUY into new highs …

Cheers – Bart

Gold and Silver- March 20, 2025

Potential for tops in both Gold and Silver approaching / hit.

Gold is strong and might never come down … yes, that’s what it seems like but as Mr. Larry P always says “trade what you see.”

I see a LONG TERM pattern completing/completed. Note, often times, the market will pierce thru the ABCD and continue up to 1.05946AB=CD. The 12th root of 2 is 1.05946 and that is the ratio we use to move up and down the equal octave scale of music.

I would not short, nor take profit, until we get a weekly or, dare I say, monthly signal reversal candle (SRC) The SRC being in this case, when the low of the candle that made the high is taken out to the downside on a weekly or monthly close. No need to step into the freight train, but the pattern is there so only time will tell.

Nobody in their right mind (is mine right? :)) believes in shorting gold but just calling it like I see it.

Cheers – B

Last but not least, the silver market is not even close to new highs and has/is completing a sell PATTERN.

Geometry – March 5, 2025

Silver hanging in there but at a VERY key level of big resistance for higher

Was asked to take a peak at the Geometry of Silver:

Silver following the script …

Metals – September 21, 2024

Across the board, the metals are hitting big sell signals. As is the case w/ PATTERNS, we really DO NOT know which ones will work and which ones won’t … but when they all pretty much lineup like they all are now, then something ‘big’ usually occurs.

Mind you, the ‘big’ can be PATTERN failures across the board (the sell signals all fail w/ a daily close above the levels shown below) OR the PATTERNS work and the metals are at a pretty big inflection point and …down they go.

This is a VERY interesting time w/ regard to the ‘circle of life’ (fixed income, FX, equities (global and CONUS) and commodities) … it’s really not a simple bet right now.

I posted yesterday about Gold. I mean, folks, it really doesn’t get any better than this. Long term ABCD’s are BIG DEALS. That, coupled w/ the rest of the metal sell patterns shown below, will make you realize that this is THE inflection point for the next couple months or, perhaps, year (s).

Gold: https://bartscharts.com/2024/09/19/gold-september-19-2024/

Silver:

Copper – BTW – where is Copper? W/ the move occurring in the equities, shouldn’t copper be following? It’s barely made a .382 – hmm. PS – this is a VERY nice PATTERN – ABCD, .382+.618 confluence and 1.4142 extension.

Palladium: