SILVER 0.30% $15.25 silver futures

Silver Chart

  1. 1,388 Posts.
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    Heres a long term chart fellas.

    Silver is in a very long term trend and is at the very least moving faster than inflation over the same period. I'd say expect lower prices towards the end of this month, but a bump up again afterwards. We're reaching the pointy end of this trading channel so lets see what happens. If it falls out the bottom of the triangle that has formed expect to see a rush to the doors.

    There is a flat elliot consolidation wave happening at the moment. Once it reaches the final point I've got on there, watch and see what happens. I'm crossing my fingers for a bump up but we've got a few weeks to wait yet.
 
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