pratyush_trades

Silver is ripe for the next big move

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
It took nearly 2 years to recover from the shock of the 2008 crisis. Then started the epic bull run in Silver. Big green candles and nothing else. The shock due to covid-19 was comparatively short-lived. Going by that analogy, the next bull run is standing at our doorstep. What we saw in August was most likely a trailer. And if we believe that we are about to enter into a commodity supercycle, then that too will be a bullish signal.
Copper prices are soaring. So will the silver price. My target is $35. What's yours?
..
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.