Silver / U.S. Dollar
Long

silver above its 3 year sma

In 1980, silver peaked 5.8X higher than its 3 year moving average.

Today's 3 year moving average is 23.50$.

23.50$ X 5.8 = 136$

3 year moving average is 23.50$, while silver is 24.75$

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TIGHT AND COILED

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