Hi Merman,
I can't see far enough ahead to tell what silver might do by year's end.
I'm a trend follower, so I'm reactive, not a predictor.
Silver remains in an up-trend, and above its 8-Day EMA. But - look at the volatility as measured by the ATR (Average True Range). It's difficult to see it continuing at that pace. Short-term Slow Stochastic has given a sell signal. So I think the next move will be down rather than up.
I note in my Weekly Wrap that GDX (Gold Miners) has fallen this week despite a surging gold price. Miners usually fall before the Gold price. If Gold goes down so will Silver.
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