Silver 40 year cup and handle

25 Feb 2018 The chart above looks at Silver over the past 40-years. It is possible that it is forming a bullish multi-decade “Cup & Handle” pattern. 20 Mar 2017 James Turk – Mega Cup And Handle Formation Has Silver Price Set To Explode Higher The Massive 47-Year Cup And Handle 25 Feb 2018 Looking at silver over the past 40-years, it may be forming a bullish multi-decade “Cup & Handle” pattern. 19 Mar 2019 elaborate a graph (on a logarithmic scale) that highlights a huge cup with the handle and that respects a cycle of minimums every 15 years. 25 Jun 2019 A cup and handle price pattern on bar charts resembles a cup and exchange near $13 in October 2002 and rose to $154 five years later.

After confirming its the bottom, Silver has quietly worked its way beyond resistance at $40-$41. Given the new uptrend and the strength in Gold, its quite reasonable to assume Silver returns to $49. Should Silver form a cup and handle pattern, then once it surpasses $50, we can project a strong target of $65.

Herbert Moolman examines what he calls the Greatest Silver Chart of All-Time, and applies fractal analysis to the 30 year cup and handle formation in silver to predict that silver will reach a minimum of $140/oz and place a top likely in late 2013-2014. $7.40 shipping. Ending Friday at 11:34AM PDT 4d 15h. Watch. Top Rated Plus Brand: International Silver Age: .950 (Better) Sterling Silver Cup Tumbler Julep French NO MONO Floral Leaf Vine. $194.99 +$8.45 shipping. Make Offer - .950 (Better) Sterling Silver Cup Tumbler Julep French NO MONO Floral Leaf Vine. A Cup and Handle can be used as an entry pattern for the continuation of an established bullish trend. It´s one of the easiest patterns to identify. The cup has a soft U-shape, retraces the prior move for about ⅓ and looks like a bowl. After forming the cup, price pulls back to about ⅓ of the cups advance, forming the handle.

The 50 year silver chart close to a breakout in 2018. On the longest possible timeframe the silver chart looks increasingly constructive. Note how the above explained observations looks when zooming out. Also, note the very long term cup-and-handle formation. Both combined confirms the pressure cooker effect, even on the very long term.

Silver has been forming a similar cup and handle bullish pattern. But the silver pattern does not just cover the previous year. In fact, it has been forming this pattern for the last 39 years. Huge 40 Year 'Cup and Handle' Formation in Silver. twitter.com (Original ) JUN 25, 2018 GoldSilver Latest News Tomb With Ancient Ceremonial Headdress of Gold and Silver Discovered Central Banks Have Purchased Significant Amount of Gold Since 2008 Fed to Inject up to $150 Bln in Repo for Critical Year End The 50 year silver chart close to a breakout in 2018. On the longest possible timeframe the silver chart looks increasingly constructive. Note how the above explained observations looks when zooming out. Also, note the very long term cup-and-handle formation. Both combined confirms the pressure cooker effect, even on the very long term. Understand that this cup and handle pattern took close to 40 years to make. Similarly, it could take several years for this pattern to play out, and for silver prices to increase roughly 470%. Also understand that there are certain fundamentals that need to be aligned for this move to happen.

Silver and silver stocks forming bullish cup and handle pattern. A cup and handle pattern is a bullish continuation pattern that represents a period of consolidation followed by an eventual breakout, which is the continuation of the previous trend. Typically these patterns last months and not weeks or days.

The chart above looks at Silver over the past 40-years. It is possible that it is forming a bullish multi-decade “Cup & Handle” pattern. Silver currently remains inside of a 7-year falling channel, which could be the handle of the long-term bullish pattern.

Silver peaked at $50 in the early 1980s and then proceeded to fall for years. It peaked again at $50 in 2011 and it has declined for the past 8-years. The two peaks at the $50 level could be the top of a bullish cup and handle pattern. After confirming its the bottom, Silver has quietly worked its way beyond resistance at $40-$41. Given the new uptrend and the strength in Gold, its quite reasonable to assume Silver returns to $49. Should Silver form a cup and handle pattern, then once it surpasses $50, we can project a strong target of $65. Last week silver closed at $18.48 an ounce, up 12 per cent for the month of August. This was ahead of gold’s 7 per cent gain, although this was the yellow metal’s best month in three years.