I am predicting a major breakout to the upside for Silver in the coming months. Unlike Gold , Silver is still very cheap to buy into currently and hold as a long term investment. Gold & Silver are both following similar directions and are bullish for the foreseeable future in order to complete the final wave of the overall bullish cycle. Fundamentally, the government & media constantly talking about inflation soaring, will support our Silver buys.
On the bigger timeframe, Silver still has to complete Wave 5 of the bullish cycle before we can see a multi year downtrend start. Of course we won't see a straight line up, so we will see Silver move in waves to the upside in a 3 wave cycle. We have just completed Wave 2 of the correction, or just about to with a slightly smaller drop. But overall, Silver is getting ready to rocket to ALL TIME HIGH'S! 🚀
On the bigger timeframe, Silver still has to complete Wave 5 of the bullish cycle before we can see a multi year downtrend start. Of course we won't see a straight line up, so we will see Silver move in waves to the upside in a 3 wave cycle. We have just completed Wave 2 of the correction, or just about to with a slightly smaller drop. But overall, Silver is getting ready to rocket to ALL TIME HIGH'S! 🚀