Silver's Pattern
Silver is clearly Bull flagging. Next major resistance will be $36, roughly. I went back and looked at the run-up to 2011 high. The chart patterns are very similar. I also noticed in 2010-11 era, silver's consolidation before run up happened in $17 range. This time it's in the $30 range. So Silver has adjusted in its own way to inflation. So if I add $13 to Silver's 2011 high gives me a price target of $63. Hope this helps. Good Hunting
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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.