short time frame analysis, silver could go much higher than $50. this is however just a short term analysis, until we break resistance and turn support $50 is the target price.
if support continues to hold, parabolic move awaits after a year of consolidation. If we see the market take a major hit (very possible) $CSPR will find new lows, into the descending broadening wedge.
fractals do not always play, but keeping a close eye on repetitive movements in a LTF.