Here's what I'm watching in silver: Last week, silver broke out...

Here's what I'm watching in silver: Last week, silver broke out of a bull flag pattern, which is a sign of strength. Since then, it has paused and formed a pennant pattern. If that pennant breaks out to the upside (possibly on tomorrow's CPI report), silver is likely to extend its rally by several dollars. Silver needs a solid close above the $32.50 resistance to confirm that the next leg of the bull market has begun. Once that happens, silver is likely to run to $50 fairly quickly.

https://x.com/TheBubbleBubble/status/1811081816272515446

Another explosive rally underway in Silver. Back in 2011, silver formed a similar consolidation and rallied 180% within 8 months. My minimum expectation is that silver could rally to $44 - 46 target within 2-3 months, which is up to 50%.
https://x.com/hajiyev_rashad/status/1811282553287987559

...Silver looking good again but best to stay above $30 to attempt the $32.50 level once again.

Despite what Silver is doing, I like Endeavour Silver (sorry no really solid silver stock on ASX) you will too when you see the chart, reasonably good revenues but not unusual for silver companies to show no to little profits.

Market Cap: $1.1B  (DYOR)

EXK Stock Price and Chart — NYSE:EXK — TradingView

(3) Endeavour Silver Corp (@EDRSilverCorp) / X
q1_2024_financial_results_nr_-_final.pdf (edrsilver.com)