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TECHNICAL ANALYSIS OF GLOBAL FINANCIAL MARKETS STRATEGIC OVERVIEW OF MACRO ECONOMY & GEOPOLITICS

Silver is on the verge of a key breakout?

Silver is on the brink of a historic breakout I believe. Previous two major breakouts happened in 2010 and 2020 resulting in 133% and 51% gain over 7 months and 3 weeks respectively. Upon breakout above October 2024 high at $34.89, silver would need to rally 42% to test all time high. If back in 2020, silver rallied 51% within 3 weeks, why silver cannot repeat the same?

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