Despite Volatility Silver’s Next Leg Higher Poised to Take Out $30

from King World News

Despite recent volatility in the precious metals, silver’s next leg higher is poised to take out $30.

August 27 (King World News) – James Turk: Big day for silver and its wedge pattern. 1st uptrend line broke. 2nd uptrend held today at $26 and silver closed at day’s high. Watch the red downtrend line. Hurdling red line, and gold/silver ratio at same time breaks below 70, then odds are good that silver’s next upleg has begun.

Solid Breakout Above Red Line Signals Silver’s Next Upleg Has Begun

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