Cup and Handle Setup in Silver

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Silver has just formed a Cup and Handle pattern, suggesting it may begin trending significantly higher soon.

This pattern is very similar to what we saw with Gold at the end of last year, where we also discussed the Cup and Handle set-up. At that time, my projection for Gold was that it would start trending much higher soon. From USD 2,000, it has now reached around USD 2,600, with more potential upside to come.

Micro Silver Futures
Ticker: SILZ4
Minimum fluctuation:
0.005 per troy ounce = $5.00

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