telephoton

Silver breakout

Long
FX:XAGUSD   Silver / U.S. Dollar
First off, I think using line chart paints a more stark picture than candlestick for the big picture I want to look at in this idea.

We haven't seen silver at this price since 2014. It has made a smooth, swift, decisive move to the upside, very different from the waffling, back and forth sawtooth price action that has happened while silver has bottomed out all these past 6 years. Silver wants to rocket. Gold/silver ratio indicates a positive breakout for silver as well.
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