James Turk: The Key Chart Every Silver Investor Needs To Watch!
- Turk – The Key Chart Every Silver Investor Needs To Watch!
by www.kingworldnews.com
Today James Turk sent King World News a crucial chart which will determine the fate of silver going forward. Consequently, this will impact the gold market as well. Here is what Turk had to say, along with this very important chart: “The weekly silver chart is giving us an important message, Eric. I have been watching this chart carefully for a long time, and waiting for the breakout from the flag pattern on the chart. Flag patterns are very bullish formations, and normally occur in bull markets.”
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“For example, flag patterns were a recurring feature in silver’s bull market in the 1970s. They repeatedly formed on silver’s daily and even intraday charts. So it is good to see flag patterns like this one forming again. It bodes well for the future. Anyway, the breakout on the above chart finally occurred in August when silver jumped from $27 to over $30….
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