Market likes cycles. Time is paintig the same story like in 2000.
20 Years after, October 2020 when we touch 10666 it will be the top of the cycle.
Next longtherm target is around 2800 points.
It is historical and technical possible, the question is only about FED.
It will happen when they decide to let it happen.
As we all see on the chart, top is forming now, the same like december 2018.
First stop is around 200 days EMA - 6660 level.
When 6600 break, even 4000 posible in longer term.
Only one hope for this fake paper market - IMF and FED together on $ printer.
As we see on the horizon, rejected many times from 200 weeks ema, and now touched 50 weeks ema twice from above.
It is the best buying oportunity for silver since 2008.
IMF manipulation can not last forever;) even them must fail someday.
Check silver price at usdebtclock
As i mentioned before, first wave up is done.
Now i expecting sharp price reversal and drop to previous lows or lower.
All stop loss both way will be taken.
Dont buy at FOMO - just wait until time come.