If silver breaks above its previous highs against the dollar, it could trigger a surge in investor interest, pushing prices even higher.
If the WSB /
GME /
AMC deigns realize how much open short interest is on Silver, we could see a massive run to new ATHs for Silver per Oz. Pay attention to Derivatives like
AGQ, which touched close to $800 last time Silver was up at ~448/OZ in 2011. Be ready for fireworks if these shorts begin to feel a squeeze.
If the WSB /
Note
Note
Upon closer inspection of the Handle, you can even see another cup-and-handle within the handle itself on the shorter timeframe. The measured move for that C&H places
Note
Looking beautiful so farDisclaimer
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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.