Silver Prices Play Catch Up to Gold's 6 Year Highs; What's Next?

Silver has rallied into a cluster of resistance while Gold’s rally is losing momentum. A small dip to correct the recent strength is considered normal in Elliott Wave Theory. The video above is a recording of a US Opening Bell webinar from July 22, 2019. We focused on the Elliott wave patterns for key markets such as silver, gold, DXY, EURUSD and USDJPY. Our silver price forecast is for continued gains so long as it trades above $15.94. Back on May 20 while using Elliott Wave Theory, we forecasted a meaningful bottom forming soon and an initial upside target ... of $16.70. The bottom eventually formed on May 28 and ...