Since silver is kind of related to gold we can also look at that market for clues. As you can see, silver has completely underperformed gold , but it's by no means a case for silver . Actually, silver is currently stuck below the 0.11 fibo that was created after the silver bubble of 2011-2013 popped. Unless it gets over this level, there's no chance silver is going to turn . If it does, it will be a good opportunity to sneak in a long trade (better than a gold trade) since a cross of the 0.11 fibo (around $18) could take silver to the 0.382 fibo (around $28). That would be a nice 50%+ trade!
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