Silver Get ready for massive run

Updated

Silver has been testing the pactience of investor community for a very long time. Known as a poor man's Gold this commidity mimicks the gold price but moves are sudden and strong. Gold has been in past 5 years moving within the range of triangle and getting into a squeeze period. looking for breskout upward and flow the Gold price move.

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After giving a false breakout it is back within the accumulation triangle. 7 up failed to breakout and 4 down support. Looks like bulls wont give up that easy.

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The Tug-of-war continues with breakout not in sight

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Rounding bottom ... bulls making it ready to break the 5 year trend line ... USD 30 looks on cards

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Silver broke the resistance and moved on to USD 32...I think USD 30 would become a good support and may further rally towards USD 40+ in the coming months with an aim to eventually touch USD 50

spiritedDingo47834

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