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
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.