In long perspective, you will see a cup between 1980-2011 and possibly it is forming a handle since 2011. In 2020, #silver made a good jump to 30 USD and it is making the correction the around 2 years after. It is about to finalize the correction according to the drowen curves on the chart. I expect a upside move to 50 USD sooner or later.
I do not expect it go below red curve anymore. But beware that those curves may not be perfectly drawen.
Always trade at your own risk
I do not expect it go below red curve anymore. But beware that those curves may not be perfectly drawen.
Always trade at your own risk
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