A Must-See Silver Price Chart

4.4.24 - A Must-See Silver Price Chart

Gold last traded at $2,291 an ounce. Silver at $26.93 an ounce.

A Stunning And Must-See Silver Price Chart - Investing Haven

The monthly silver price chart is simply stunning. It is THE most powerful chart, in financial markets, not just for April of 2024 but for the entire year.

"When oh when is your bullish silver prediction going to materialize," is what many have been asking us. "Wait and see, relax, be patient," was our default answer.

April 2024 seems to become a BIG month for silver.

If anything, silver's price chart in April of 2024 is absolutely stunning.

While we do realize that the month has just begun, we also have sufficient evidence that this cycle is very bullish for precious metals. Our gold forecast 2024 is already achieved, it might be crushed during this quarter.

Below is the monthly silver price chart over 20 years. While the 50 year silver chart is impressive, we need a shorter timeframe to understand the medium term impact of dominant patterns.

The 20-year silver price chart could not have been any clearer than this - a clear and powerful silver breakout is ongoing. The upside target remains $34.70 which might be hit in May of 2024 already.