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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.280+0.2%9:30 AM EST
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To: yard_man who wrote (4364)12/23/2025 11:23:09 AM
From: Bull RidaH  Read Replies (1) of 4429
 
Silver achieved 3.5 weeks ago a long-standing target from May of 2011 that projected to 55.79. The fact that it's still making new highs in this 4th week after achievement is EXTREMELY BULLISH long-term. I would expect the top of fork target in the chart below to be achieved just above 80, and then a pullback to ensue, probably back to around 68. If these numbers are roughly correct, then a new target of $121/oz. would be established, with plenty of potential for higher targets if subsequent pullbacks are reasonably shallow.

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