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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: golfer72 who wrote (217111)10/4/2025 7:45:23 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219896
 
That's an old chart, the current silver price is closer to $48.00...

Here's the December silver futures monthly chart as of yesterday's close...

For the past 20 years it was forming the handle...

It's HUGE!!!

So, it may not go to $100 next week, it may take a few years possibly, but it surely looks like it's well on its way...

Looking at the 100 year gold chart below, we can see a different pattern but also still bullish and from about 1979 we can see the beginning of that cup and handle pattern...

At that time, who would know what it was actually forming...

Only more recently is the pattern more obvious...

As gold continued to rise ahead of silver we can actually see a rising cup and handle pattern although not as clearly with gold unless we know what to look for, with silver it's much more defined...

The long term silver chart is more definitive and easier to recognise...





GZ