coreymurphy7288

coreymurphy7288 Updated 

Silver consolidates above the previous $16.80 resistance, finding new buyers on dips. Currently $17.14 per ounce, the double bottom and the triangle breakout signify further upside potential with price ultimately targeting $22 an ounce in the short term (3-5 month time span).

coreymurphy7288 Updated 

Silver has not been this cheap to Gold ever! The rising wedge is a bearish terminal pattern and should reward Silver investors almost 2:1 as far as gains, to those who stack Gold! Look for a confirmation in reveral with a break of 83:1. TARGET 50:1

coreymurphy7288 Updated 

Unresolved (Blue) Triange, with small potential short term channel (Black) emerging inside . My guess is retest $15.15 with sideways/consolatory movement afterwards. Price should respect both Triangle and the Channel until fed hike decision time in March, with breakout potential.

coreymurphy7288

Since 2016 low has not been broken, and two falling wedges breaking positive, my forecast is for increased prices in Silver from here.