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Silver - 0.618 retrace, GC middle, bounce to 25 USD
CFDs on Silver (US$ / OZ)
Long
Silver - 0.618 retrace, GC middle, bounce to 25 USD
By AngoShiruba
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Jul 7, 2022
6
Jul 7, 2022
2 major scenarios:
bearish - 13 USD by 2025
bullish - 60 USD by 2025
Silver peaked 2011, 3 years after 2008 financial crisis. If we are in a crisis now, 2022 + 3 years = 2025. So I assume we will go to ATH by 2025.
Short therm looks like a bounce to 25 USD - which will be a dead cat bounce or NOT.
25 USD will decide. Selling is over for now...
Trend Analysis
AngoShiruba
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