XAGUSD Silver

Silver today is more attractive than when it was at $29 as per my chart it has a room to drop to $23.5 without any problems with the underlining uptrend (however $26 looks like a strong support another support is the $24.40 and finally the $23.5 trend floor but make no mistake this market is pointing to the sky fundamentally and technically there is little room to miss
it took from 2002 - 2011 to ravel from $3.5 to $52 almost 15 times
1000 oz. at 3.5=$ 3500 to 1000 OZ. @ 52 = $52000
today 1000Oz @ 26=26000 what does mean when silver hits us$ 52 it means $52000 if not more
but just imagine if as forecasted silver climbs to $135 what would your 1000 OZ be worth- it would be 135000 us$ not bad is it?..
best wishes and good luck
Nidal Al-zubaidi
Trend Analysis

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