achraf El-H
1.1K posts




Silver 🥈 — 1hr candle closed overnight exactly at $115.65 at the top of the red box before pulling back to ~$112 at the bottom of the yellow box 🎯 Didn’t draw the white target arrow as a trend line, but it would be hilarious if it ends up being one 😂 Gold running up to $5263 now says silver plays catch up and goes higher from here. $128.10 by end of week is still in the cards. If not this week, then likely next. Could be some FOMC related turbulence if rate cuts have been priced in already and then they don’t happen, but it would just be a temporary delay. Nothing can stop what’s happening here. Every time something tries it to tamp it down, silver comes back higher. Used to take 1-2 days to recover from 5-8% slams, now they bounce back in less than 24hrs. A correction larger than 5-8% will come eventually, but I don’t really “expect” one until SPX/SILVER reaches the end of phase two at 25.69. Even then it’s just a possibility 👉👉 x.com/potassium_phd/… Long way to go still. If SPX stays flat at $6978 until then, the base case for silver before a correction is currently $271/oz. Remember, this base case USD value fluctuates with SPX’s USD price, but the ratio target remains the same. Stay tuned 🫡












