$Silver's Parabolic Momentum Chart, updated 01 Jan 2026. No change to the target of about $200 in 2028/9. As with gold, a correction to the nominal parabolic line (0%, about $53) later in 2026 or early 2027 would correlate well with contemporary technical analysis. #Silver
$Silver's Parabolic Momentum chart, updated 01 June 2026. A correction to the Nominal Parabolic line in October 2026 would mean a price of about $52.96. No change to the target of about $200 in 2028/9. #Silver
$Gold's Parabolic Momentum chart, updated 01 June 2026. A correction to the Nominal Parabolic line in October 2026 would mean a price of about $3,935. No change to the target of about $8,250 in 2028/9. #Gold
@vitruvian_boy@NorthstarCharts Nicola, I think your mistake here is to use a linear scale on the Y axis and then draw angled lines. Better technical analysis results will come from using a log scale on the Y axis.
With US Bond yields potentially breaking out to new highs, it's interesting to look at the US 10Y Real Yield chart and its correlation to the $Gold price. Note: Inverted Scale LHS. #Gold
$Silver's Price Forecast. The obvious support is around $56 in late 2026 but I wouldn't rule out mid-forties ($). I still see $200 as the target for 2028. #Silver
@mikemcglone11 Not really. If WTI Crude goes to $280 a barrel, which is not unrealistic if you look at an inflation adjusted value from the previous peak price, then the historic ratio would be maintained.