@hajiyev_rashad - Rashad Hajiyev
#Silver (XAGUSD, $22.06) managed to hold today's gain above $22 mark. I believe, silver could reach $27 - 28 level by mid November, which would represent 30 - 35% gain. From March 10 to April 14, 2022 silver gained 30% within a month... Silver will likely advance without any major correction not giving any comfortable entry point for buyers...
@hajiyev_rashad - Rashad Hajiyev
#Gold (XAUUSD, $1,832) ultimately respected a 6-year major rising trendline. If so, we should see some follow through next week. Dollar and Yields finally cooling off. I believe, we are in the doorstep of the historic rally in gold and silver after 3 years of panful consolidation!
@hajiyev_rashad - Rashad Hajiyev
#Gold (XAUUSD, $1,819) might have bottomed and if so it could produce a sharp rally catching most by surprise. Ona slightly negative gold price (-0.9%), GDX added nearly 1% on a day so far. In my opinion, the recent breakdown was engineered with major aim to shake out weak hands. With sentiment as low as it is now, gold could jump on any news $100 - 150 within a matter of several days...
@hajiyev_rashad - Rashad Hajiyev
#Silver (XAGUSD, $21.18) is in breakdown mode just like in March of 2020. Back then silver rallied 156% from the bottom to the peak within 3.5 months. What stops silver from rallying 100% and reaching $40 mark within 2 months? There is a precedent in place and big moves always come unexpectedly...