Silver has now converted the 0.5 Fib to support and holding very well above $30.70, we can also see that Gold has reversed slightly too.
I would still like to see the 50 Day MA converted to support next to confirm the bullish trend, then I would expect a move up to the 2.618 Fib at $37 over the next 4-6 months, which is a 20% jump from here
If you are holding $SLV, +20% jump here is the same as +20% jump for $SLV.
Christiandf
2024-11-26 07:19:15 +0000 UTCThibault
2024-11-25 05:24:14 +0000 UTC