Silver: Structural Changes

Stock charts courtesy of StockCharts.com.

Futures trading data calculations indicate the silver structure shown above has taken on characteristics of the January 2011 to April 2013 silver structure.   Silver is still positioned for a decline as it moves through the descending triangle shown above.  Based on structural calculation changes silver is expected to move down to $18.81 (+/- 5%) before the end of 2021.

Disclaimer