cerveloist

Silver potentially forming a massive Ascending Triangle Pattern

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
On the monthly chart for Silver which is a very long time frame suggests that an Ascending triangle pattern is forming for Silver. Plus we have a Cup and Handle forming, as well as a bull flag as suggested in my previous pattern recognitions. This suggests a bullish measured move to the upside to $600 an ounce. This pattern is on the monthly chart so I don't see this break out anytime soon but in the long term it might carry out. Call me crazy, but this is what it is.
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