Chart Suggests Silver Could Be Setting Up To Retest Its All-time High Of $50

Image Source: Pixabay

Silver has been a bit boring of late due to some sideways trading BUT that boredom may come to an abrupt end shortly. If Silver breaks out of its 15-year pennant today’s chart shows that it may retest its all-time high of $50 and, if that happens, much higher Fibonacci extension levels would come into play at $79 and $126/ozt.. First, though, let’s see if Silver can break out. 

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