kingworldnews.com / March 20, 2017
Today James Turk told King World News that the mega cup and handle formation has silver price set to explode higher.
A Turn May Finally Be At Hand
James Turk: “I’d like to begin, Eric, by noting that based on their Comex closing price in New York, spot gold and silver last week rose by a spectacular $29.10 and 49.6 cents, for gains of 2.2% and 2.9% respectively. Jumps of this magnitude over such a short period of time are rare, so these results from last week are important events that deserve our attention…
Importantly, this strong bounce from the lows suggests that a bottom has been made in both precious metals, and that as a consequence the short-term trend is again turning higher.
There are a number of related events that provide additional evidence that we have seen a short-term bottom.
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