A monthly close above .80 lights up the fireworks. 3.30$ by end of year.
Higher high? Need monthly close above 28.11$ to confirm bullish continuation.
A rising tide for silver & friends garanteed by decades of monetary imbalances. 34.25$ target enacted, then 48$. That will just complete phase 1...
All eyes on silver when above 38$.
All I need is distance from a simple moving average to tell you how much fomo is out there. I think we haven't seen anything yet.
Little trick to get on one pane the entire 105 years of fed fund rates (overnight rates)! This is super useful when you want additional charts to better understand macro drivers for US equities or silver/gold.
PURE INSANITY
The yearly silver chart doesn't get better than this. Lucky guys who just getting in now on the final turn before ascent to ABOVE all-time yearly defined highs. Included is a strategy yo enter en exit based on yearly signals. Reduce the noise.
Using Dow vs Silver +100 year chart and Silver Historical Chart to help pin point next cycle at bat.
30 year real yields looking to turn for the worst, which is good for precious metals.
Wow. The setup looks practially identical. Except from a higher low. Soo many wall of worries make this more probable
US equities have topped since 2018 vs silver. Now below important breakdown line (now resistance). Retest complete + below declining 200 day moving average. Waterfall movement in favor of silver to resume. #silver $slv #fintwit #wallstreetbets
Testing CRITICAL breakout level. Looking for a convincing monthly close ABOVE 17.34$ to confirm 100$ target.
Gold already led the way... now the chart structure suggests it's silver's turn. 48$ fast move once 28$ is breached on monthly basis.
First Majestics (US listed) Point and Figure Chart. Remember, point and figure charts remove time, so time to reach 42$ target is unknown from this analysis.
Step 1 for First Majestic... 22$-23$ to complete formation. $ag $silj $sil #silver #gold #fintwit
Down before up road map for silver junior miners...(used possible worst case scenario). Prepare your mental. $silj #silver $slv #gold $gld $gdx