Silver's Pattern

19 сент.

Silver is clearly Bull flagging. Next major resistance will be $36, roughly. I went back and looked at the run-up to 2011 high. The chart patterns are very similar. I also noticed in 2010-11 era, silver's consolidation before run up happened in $17 range. This time it's in the $30 range. So Silver has adjusted in its own way to inflation. So if I add $13 to Silver's 2011 high gives me a price target of $63. Hope this helps. Good Hunting