USDforecaster
Long

Silver Monthly Forecast 2014 and 2015

FX:XAGUSD   Silver / U.S. Dollar
849 2 2
two paths -- 2014

1) Bull to start 2014 and grind higher and close the year around $25

2) Bear to start 2014 where it will see no lower than $14/oz, then it will see a fast and sharp recovery to the $20 level and grind higher the rest of the year.


2015

1) Continue higher into $32-$35 range where we find resistance and close the year somewhere around $27-$28


How do you enter ratio charts like this if I wanted to see silver/oil ratio ?
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Thanks for the draw! Tell ya what, I'm not liking the lack of divergence in the Stochastic, but it does seem to be contracting a bit at far oversold levels. The formation in-play could also be a major long-term bull flag if there's a breakout above $24, targeting $47(!!!). Cheers!
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