Chris Vermeulen breaks down the soaring silver price using technical analysis. He explains that strong momentum and rising volume are driving silver higher and could lead to a final FOMO fueled push toward the $106 level. Key Fibonacci targets are highlighted as potential emotional turning points where late buyers rush in. While the short term trend remains bullish, he cautions that rising volatility may signal profit taking and an upcoming consolidation. Overall, he views silver as...
Chris Vermeulen breaks down the soaring silver price using technical analysis. He explains that strong momentum and rising volume are driving silver higher and could lead to a final FOMO fueled push toward the $106 level. Key Fibonacci targets are highlighted as potential emotional turning points where late buyers rush in. While the short term trend remains bullish, he cautions that rising volatility may signal profit taking and an upcoming consolidation. Overall, he views silver as structurally stronger than in past cycles, even if a multi month pause or correction follows.
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INTERVIEW TIMELINE:
0:00 Intro
1:08 Silver skyrocketing
13:00 Gold market update
19:29 The Technical Traders
20:57 Weekly specials
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