pratyush_trades

Silver is ripe for the next big move

Long
TVC:SILVER   CFD Argento (US$/OZ)
It took nearly 2 years to recover from the shock of the 2008 crisis. Then started the epic bull run in Silver. Big green candles and nothing else. The shock due to covid-19 was comparatively short-lived. Going by that analogy, the next bull run is standing at our doorstep. What we saw in August was most likely a trailer. And if we believe that we are about to enter into a commodity supercycle, then that too will be a bullish signal.
Copper prices are soaring. So will the silver price. My target is $35. What's yours?
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