It's quite simple really. If we are in a precious metals bull market, signaled by the most recent breakout in gold and silver, then this is how i expect the next few years to occur in the silver market.
In order for the price to breakout higher, $30/oz is required to be broken first, then $50/oz as the gold/silver ratio breaks down below the indicated 13 year long red support line.
Assuming the arc indicates an approximate timeframe, based on the pattern I'm seeing in the gold/silver ratio, by the middle of 2026 silver should be circa $100/oz. This would only require $3000/oz gold and a gold/silver ratio of 30.
In order for the price to breakout higher, $30/oz is required to be broken first, then $50/oz as the gold/silver ratio breaks down below the indicated 13 year long red support line.
Assuming the arc indicates an approximate timeframe, based on the pattern I'm seeing in the gold/silver ratio, by the middle of 2026 silver should be circa $100/oz. This would only require $3000/oz gold and a gold/silver ratio of 30.
Related publications
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.
Related publications
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.