Best case silver parabolic trajectory
Not sure this will hold up next week, if it breaks, targeting ~$17.5 next support.
Overall very bullish silver, but expect a decent pullback soon after we see bearish divergences on the daily timeframe which we have not seen yet. Also need to watch gold as the leading indicator for silver.
Overall very bullish silver, but expect a decent pullback soon after we see bearish divergences on the daily timeframe which we have not seen yet. Also need to watch gold as the leading indicator for silver.
Note
This of course is just a very near term projection... I see silver speculatively at around $80+ target by 2021This is not financial advice...
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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.