Friday 18 January 2013

KWN - Rosen - Expect Stunning $233 For Silver As It Begins To Soar

The peak of $21.44 after the first triangle was 3.93 times the triangle low of $5.455.

The peak of $49.82 after the second triangle was 5.93 times the triangle low of $8.40. 

The third triangle had its breakout to the upside and appears to have completed its testing of that breakout level.  If we use the Fibonacci progression that has followed each triangle, the next peak should be 8.93 times the third triangle low of $26.105.  This would produce the next silver high of roughly $233....



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