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Lift Off in Silver?

handofzara

Published: 03 Apr 2024 › Updated: 03 Apr 2024Lift Off in Silver?

Lift Off in Silver?

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Enter the dollar days for silver. On the Daily Chart, silver is in an UPTREND.

An UPTREND is defined as a series of Higher Highs and Higher Lows.

Gold has been on a very powerful move to the upside. Silver usually plays catch up, like a younger sister screaming, "wait for me!"

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On the Weekly Chart silver has rallied into Resistance, a place where all prior rallies have stalled.

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On the Monthly Chart, assuming silver can continue to rally the target is $30 per ounce which is the next point of Resistance.

We live in interesting times. The United States is in absolute turmoil. What good are Federal Reserve Notes if the US economy fails. The lies and deceptions increase daily. The borders are overrun. The Treasury is empty. The armories are empty. And yet the fearless leaders of the US can always borrow more and give away more to who ever they please. So long as it is not hard working, tax paying American Citizens.

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Peace out and Stack On.

Remember always, if you do not hold it in your possession, then you do not own it.

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