Operating off of a confluence of multiple signals showing a major breakout for 
AGQ, there is a simple chart wedge that at the 1.618 Fib level places us firmly @ $104 / share.
-
SILVER near term to hit ~447/OZ:
-SILVER long term to hit ~2205/OZ:
The last timeSILVER was at ~448/OZ, AGQ was around $740.
Given the level of general macro instability, weather patterns potentially damaging critical infrastructure, increasing demands for physicalSILVER for semiconductors / green engineering (solar), plus the backdrop of the weakening dollar (BRICS et. al. dumping US Treasuries), AGQ just might follow these to factors Valhalla, if my analysis is correct.
Would love to hear your thoughts
AGQ, there is a simple chart wedge that at the 1.618 Fib level places us firmly @ $104 / share.-
SILVER near term to hit ~447/OZ: -
SILVER long term to hit ~2205/OZ: The last time
SILVER was at ~448/OZ, AGQ was around $740. Given the level of general macro instability, weather patterns potentially damaging critical infrastructure, increasing demands for physical
SILVER for semiconductors / green engineering (solar), plus the backdrop of the weakening dollar (BRICS et. al. dumping US Treasuries), AGQ just might follow these to factors Valhalla, if my analysis is correct. Would love to hear your thoughts
Note
52 Week high achieved today
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.