Futures trading data and engrbytrade structural calculations indicate silver will continue to move lower based on the original thesis noted on July 6, 2022. At this point silver is expected to ultimately reach 10.65 (+/- 1.5%) between November 1, 2022 and December 19, 2022. This is the same range that silver moved into during mid-September 2008.
Stock chart courtesy of StockCharts.com.
