Posted by gccapital on 20th of Jan 2026 at 05:51 pm
i
I've been away a few years, it's good to be back! Thanks
for your hard work Matt, and for all the great contributors in this
community! The 45 year year cup and handle pattern in silver met my
target today, just struggling with the decision to sell it all
today or not.
gccapital- nice job and yes that 45 year ascending triangle
on silver was one hell of a pattern. And technically yes price
target from the triangle was hit, technically it measured to around
$94.5, I've just been rounding up to $100 because typically when
things get into the 90's almost always tags the round number of
100. and yes it's tricky now with all that's going on.
When it does hit a top, it could drop $10, 15, 20 in a day.
You'll never catch the exact top, and folks get very wealthy by
being early. And kind of funny to think about the $50 price
in 1980 would be about $200 today, so Silver is still only about
1/2 on an inflation adjusted basis as it was back then.
My thought is that when it puts in a high maybe that's a wave 3
of 5? Then if it managed to pullback to the ocean floor of $50,
which should be major support, load up again
i I've been away a few
Posted by gccapital on 20th of Jan 2026 at 05:51 pm
i
I've been away a few years, it's good to be back! Thanks for your hard work Matt, and for all the great contributors in this community! The 45 year year cup and handle pattern in silver met my target today, just struggling with the decision to sell it all today or not.
gccapital- nice job and yes
Posted by matt on 20th of Jan 2026 at 07:38 pm
gccapital- nice job and yes that 45 year ascending triangle on silver was one hell of a pattern. And technically yes price target from the triangle was hit, technically it measured to around $94.5, I've just been rounding up to $100 because typically when things get into the 90's almost always tags the round number of 100. and yes it's tricky now with all that's going on. When it does hit a top, it could drop $10, 15, 20 in a day. You'll never catch the exact top, and folks get very wealthy by being early. And kind of funny to think about the $50 price in 1980 would be about $200 today, so Silver is still only about 1/2 on an inflation adjusted basis as it was back then.
My thought is that when it puts in a high maybe that's a wave 3 of 5? Then if it managed to pullback to the ocean floor of $50, which should be major support, load up again
thanks Matt, looking to loading
Posted by gccapital on 21st of Jan 2026 at 07:20 am
thanks Matt, looking to loading back up in 50's!