Upon analysis of the long term it looks like silver is going to struggle for a while to break $30.00. This chart chops up the last 13 years and then projects about 8 years into future (above orange, above yellow would be the levels) which may or may not be important. It's hard to say, but when I see the price breaking over those levels I will know we are on the next leg up back to $50.00 which silver ultimately is aiming for.
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.