Except for Robert Kiyosaki, the writer of “Rich Dad Poor Dad”, only a few others seem to talk about silver. However, we might be facing a nice run over the coming days from this metal. We are increasingly confident that it is now leaving the mark of $25.12 behind and moving up to tackle $28.10. This is an important hurdle in our calculation that silver needs to take. After that, and just shy of reaching $29, we expect the price to drop for quite some time – even past $25.12, $24.04, and $23.63. Alternatively, we give a potential breakout over $29 a chance of 35% if silver happens to catch too much fire on its way up.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.