Updated August 24, 2019 - Silver expected to rise all the way to $120 per oz.?
Updated March 14, 2019 - We have a Deja Vue of a 1970-71 pattern!
- shows a similar pattern as in 1970-71. After Silver broke out of this pattern, the Silver price soared by 308% in only 18 months.
|Target after the breakout is $60 per oz.||1970-71 shows a similar formation proceeding a 308% price hike in only 18 months' time.|
updated February 7, 2019 - The longer the accumulation (correction) the higher the subsequent target
|At the time of Alexander the Great one TALENT (26 kg silver) was a lot of money. One kilogram silver was worth € 427 or more than $15 per oz or about € 13/oz.|
Silver cycle with a new price record not later than 2024.
Price Target as seen by Elliott Wave technicians (Aug 2018):
Your Cup of Silver is ready: target of Cup and Handle is $ 95
New Target is $ 145.......When the fundamentals are considered, the target for Silver is $ 200
|Delta-Silver-monthly: target $ 145
||Medium-term Silver targets|
June 21, 2015 - Resistance has become support
$-Silver objective for Wave II is $ 42,50 - €-Silver objective for Wave II is € 35: Silver has finished the 1st Wave cycle 1,2,3,4,5 and the subsequent ABC correction. Logically, it will in the wake of Gold reverse and start its Wave III cycle. The objective is $ 42,50 or 5 times the low. As of June 23, 2013, the MEDIUM TERM target is $ 70.
Bullish months are November through early-late Spring. Bearish months are late Spring to early Summer.
Price evolution for Silver from 1967 to 1976
Note Silver went up from 1976 until 1981 without any important corrections.
Silver price evolution from 2002 until 2011 shows the correction of 2008-09.