see written annotations on the chart.
First off the $100 price target was more than achieved and exceeded
in the parabolic blow off move.
I would consider that at least an
intermediate major high was formed. If the high was an
intermediate say wave 3 of V high with eventually new highs in the
future - then one would expect at least some sort of abc 3 wave
pullback - that possibly retests or gets close to retesting the $50
area, which was former resistance for 45 years, now should be
support!
Posted by Orangeman on 31st of Jan 2026 at 04:51 pm
Heard an interesting podcast on metals...
bloomberg.com/news/articles/2026-01-30/jeff-currie-on-the-crazy-surge-in-metals-and-why-the-supercycle-has-years-to-run
Silver 45 Year Ascending Triangle and my thoughts now
Posted by matt on 31st of Jan 2026 at 04:39 pm
Matts Macro Commodity Precious Metal SILVER Quarterly 50 year Log Chart - Chart Link
see written annotations on the chart. First off the $100 price target was more than achieved and exceeded in the parabolic blow off move.
I would consider that at least an intermediate major high was formed. If the high was an intermediate say wave 3 of V high with eventually new highs in the future - then one would expect at least some sort of abc 3 wave pullback - that possibly retests or gets close to retesting the $50 area, which was former resistance for 45 years, now should be support!
Heard an interesting podcast on
Posted by Orangeman on 31st of Jan 2026 at 04:51 pm
Heard an interesting podcast on metals...
bloomberg.com/news/articles/2026-01-30/jeff-currie-on-the-crazy-surge-in-metals-and-why-the-supercycle-has-years-to-run
Qtly Silver Chart
Posted by clarity on 31st of Jan 2026 at 11:14 pm
Great chart- -very explanatory. Would you put this in the Newsletter? Thank you!