VERY LONG TERM OUTLOOK and very likely the setup of our lifetime
Bigger the base higher in space.
Silver is breaking out of a shorter term basing of just the handle in what is a 44 year basing pattern in the manifestation of a cup and handle
For visual purposes: Arrows represent 8 year cycle lows loosely corresponding to the same 8 year cycle lows in gold give or take a few months here and there
Red arrows are followed by a left translated cycle Green arrows are followed by a right translated cycle
Logarithmic chart cup and handle target is 677$ USD
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.