A Must-See Silver Price Chart Of 50 Years

silver prices

The silver price chart of 50 years has an amazing long term chart setup. It is a giant cup and handle formation. This type of chart pattern over a period of 50 years is really exceptional. This is bullish long term for silver. What’s probably THE most important take-away from the silver price chart of 50 years is the fact that silver broke out of this 8-year decline in the context of the ‘handle’. This suggests that silver’s price will move higher between 2019 and 2027 with a test of all-time highs in that same time period. So while the period 2011-2018 was all about declines we will see the opposite in the years to come! No surprise our Silver Price Forecast For 2020 And 2021 is mildly to wildly bullish.

At InvestingHaven we have this ‘mantra’ which is ‘start with the chart'. We analyze any market starting with the chart(s) on multiple timeframes, move on to study leading indicators and fundamentals, mapping those findings back to the charts. We then derive our conclusions.

Moreover, this also what we wrote in our 100 investing tips:

 The most dominant patterns are visible on the higher timeframes.

That’s why we focus in this article on the longest possible timeframe of silver’s chart. It’s the silver chart of 50 years. That’s where most dominant trend is visible. All other chart you will consult, whether it is the monthly, weekly or daily, are all subject to the dominant trend on the 50 year silver chart!

You better never forget this.

Silver Price Chart Of 50 Years: Giant Cup-and-Handle

The longer the time period for a chart the more clean and clear the chart pattern(s).

If we apply this principle to silver’s 50 years price chart we see this giant cup-and-handle formation. These are the important elements of it:

  • The peaks of 1979 as well 2011. They frame up the giant ‘cup’ formation.
  • The flat range in the 80ies and 90ies.
  • The non-stop decline since 2011 which only accelerated in 2013. This bottomed between 2016 and 2018 with a big double bottom.
  • The breakout of 2019 shows suggests the ‘handle’ formation is underway now.
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