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Silver Price May Rally Above $39 On Range Breakout :: The Market Oracle ::

Nearly 6+ months ago, our research team highlighted a unique price range that appears to be repeating itself in Silver. This price range consists of a $5.40 bullish or bearish price phase. Using our 100% measured move techniques, we’ve seen silver move higher and lower by this range over the past 10+ months and, quite interestingly, the current sideways price range in Silver is almost exactly a $5.40 range. After a bit of research related to the explosive upside price move in June 2020, where Silver rallied from $17.75 to levels over $28.75 – an $11 Candle Body Range (nearly 2x the $5.40 range), our researcher team believes the next breakout move in Silver may be another 2x or 3x rally – ranging from an $11+ rally to a $16.50+ rally. This suggests a potential upside price target in Silver near $39 to $45 if our research is correct. ....

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Silver May Rally Above $39 On Range Breakout

January 29, 2021 | Silver May Rally Above $39 On Range Breakout
Chris Vermeulen
Chris Vermeulen has been involved in the markets since 1997 and is the founder of TheTechnicalTraders.com. He is an internationally recognized technical analyst, trader, and author of the book: Technical Trading Mastery. Chris has developed trading strategies that incorporate technical analysis, position-sizing, and risk management to boost performance while reducing portfolio risk.
Nearly 6+ months ago, our research team highlighted a unique price range that appears to be repeating itself in Silver. This price range consists of a $5.40 bullish or bearish price phase. Using our 100% measured move techniques, we’ve seen silver move higher and lower by this range over the past 10+ months and, quite interestingly, the current sideways price range in Silver is almost exactly a $5.40 range. After a bit of research related to the explosive upside price move in June 2020, where Silver ralli ....

Chris Vermeulen , Body Range , Silver Blastoff Once Price Clears , Daily Silver Futures , Long Term , Cycles Show Big Trends For Metals , Bullish Silver , Focuses Attention On Silver , கிறிஸ் வெர்மேஉளென் , உடல் சரகம் , தினசரி வெள்ளி எதிர்காலங்கள் , நீண்டது கால , சுழற்சிகள் காட்டு பெரியது போக்குகள் க்கு உலோகங்கள் ,