Incoming 20% crash for Silver ??

** A forecast for the months ahead **

On the above 2 week chart price action has enjoyed a historic 60% rally in only 12 months. There’s talk now of a massive rally for higher highs. Is the talk correct?

“David Morgan: Silver to US$40 in 2025, Then Blow-off Top in 2026?”

And 60% isn’t a blow off top?
investingnews.com/david-morgan-gold-forecast/

Technical analysis now supports a number of reasons to consider a bearish outlook in the months ahead. They include:

1) RSI support breakout.

2) Strong bearish divergence. Look left!

3) Bollinger Band curling inwards, a forewarning of buyer exhaustion and imminent trend reversal.

4) Currently a 3 month Gravestone DOJI candle prints. A confirmation at year end would be the green light to trigger strong selling pressure.

5) It is not the expectation of this analyst to see price action selling off until a re-test of the $35 area. This would be an excellent area for profit taking.

Is it possible price action continues to print higher highs as is popularly believed? Sure.
Is it probable? No.

Ww

3 month gravestone DOJI