More than 10 years in this squeezing channel and breaking major resistance lines, expect Silver to keep plowing higher until $100 and possibly above the $150 range (with shallow pullbacks).
$100 will be major resistance, so don't get excited until it sustains well above that for several weeks.
If you compare the 2009 breakout to today, you're seeing very similiar patterns.
$100 will be major resistance, so don't get excited until it sustains well above that for several weeks.
If you compare the 2009 breakout to today, you're seeing very similiar patterns.
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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.