March 5th Silver Chart

Hey everyone, silver is almost at $36 now and I know some of you are starting to run away from buying since the prices are rising. Well, after looking at the chart, it only seems like its going one way. We may see a pull back, I sure hope we do. Anyways, take a look at the chart for the morning. Its about 11:25am Eastern time when I drew this.

Notice the WTF line, this is the $1 jump we had yesterday. It was insane. Now there is a nice channel building with the top being the current price of $35.64. Notice how the price hits the top blue resistance line 3 times while only hitting the bottom blue support line twice. This means that the price is still bullish at the price of $35.64.  Also, the old support of $34.40 is still there. So if we do see a pull back, it should be to this price. So if you see it drop today to that price, or near it, BUY BUY BUY!

Here is a link to my YouTube channel as well.
Also, if you still have not read Maloney's book on Gold and Silver...its a must read for everyone.