The biggest cup&handle of all times: silver targets $50
The data suggests a cup&handle:
Cup was between 1980-2011
Handle is still in progress and probably may finish by 2025 or earlier.
For the short run: a re-test of low re-accumulation range of $23 can be seen.
The next mid-term target will be $25.
Final target will be $50.
Cup was between 1980-2011
Handle is still in progress and probably may finish by 2025 or earlier.
For the short run: a re-test of low re-accumulation range of $23 can be seen.
The next mid-term target will be $25.
Final target will be $50.
Note
I expect low $21 will be a good point to long silver.
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Related publications
Disclaimer
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.