Here is an updated price target for gold as silver is coiled to explode to all-time highs.
Silver Targeting New All-Time High
September 29 (King World News) – Graddhy out of Sweden: As I have been stating, silver is now aiming for all-time highs.
Silver just blew through big $41.50 level. Now [well above] above $45.
I have also been stating for a long time that silver is climbing the right side of a huge rounded bottom/arc.
KING WORLD NEWS NOTE: Silver Is Ready To Explode To New All-Time Highs And Beyond
Silver has also been stair-stepping up using pink trend lines; breaking above then backtesting. And, the Trump tariff crash in April ended up being just a healthy backtest to the huge $28.50 level.
I cautioned readers for a long time that one needs to understand that this up-move is very different from previous up-moves — the chart was now finally ready. That is the difference. Price can not move big until the chart is ready. And, it is ready now…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
SILVER: We’ve Been Waiting A Long Time For This
Graddhy out of Sweden: Silver is breaking out above the 45-year blue resistance line on quarterly chart.
Only two trading days left for the quarter!
We have been waiting a long time for this….
KING WORLD NEWS NOTE: Silver Breaking Out Of A Massive Multi-Decade Cup & Handle Formation
Updated Gold Price Target
Graddhy out of Sweden: Gold has made a new weekly all-time-high, yet AGAIN.
Said at blue breakout it will have a runaway lockout move. It did.
Said back then gold would hit $3000-$3300. It did.
$4000-$4300 is now possible.
But note that most have called for big drops during the 18 months up-move.
KING WORLD NEWS NOTE: Gold’s Price Target Now $4,000-$4,300
Silver Preparing To Explode Above $50
To listen to James Turk discuss his price targets for silver as it prepares to explode above $50 as well as what to expect from gold and mining stocks CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED!
To listen to Alasdair Macleod discuss silver approaching the $50 all-time high set in 1980 as well as gold’s surge along with the mining and exploration stocks CLICK HERE OR ON THE IMAGE BELOW.
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