On the monthly chart for Silver which is a very long time frame suggests that an Ascending triangle pattern is forming for Silver. Plus we have a Cup and Handle forming, as well as a bull flag as suggested in my previous pattern recognitions. This suggests a bullish measured move to the upside to $600 an ounce. This pattern is on the monthly chart so I don't see this break out anytime soon but in the long term it might carry out. Call me crazy, but this is what it is.
Nota
Silver is knocking on the ceiling of this ascending bullish triangle. We might see a rocket shoot up.Nota
Silver Broke out of this Ascending Triangle. Are we going to see triple digit Silver soon? It is likely....
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