XAG has recently broken out of a 6 year resistance of $21.
We have been consolidating for a long while now, & have just formed a bullish continuation ascending triangle on the weekly chart.
If this plays out in the next few days/weeks we could see XAG break through the local SR line of $30, then $50, & potentially new all time highs.
Biden's $6T plan will likely have a massive impact on the price of precious metals, & likely being the catalyst to fuel the price of Silver to new ATH's.
Dyor in Dior.
We have been consolidating for a long while now, & have just formed a bullish continuation ascending triangle on the weekly chart.
If this plays out in the next few days/weeks we could see XAG break through the local SR line of $30, then $50, & potentially new all time highs.
Biden's $6T plan will likely have a massive impact on the price of precious metals, & likely being the catalyst to fuel the price of Silver to new ATH's.
Dyor in Dior.