QUOTE(killertcb007 @ Nov 29 2025, 11:37 AM)
cup and handle ,seem valid ?Â

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cup & handle or double top?
some gurus say silver's cup and handle has been 50 years long.
so this current breakout is going to be explosive.
yesterday, if u had observed or read about it...
morning here, silver shot up from 51.50 to 54.20, then got hammered down to 53.50 instantly.
suddenly, trading was halted, reason given was some comex data center had a cooling problem.
all futures trading halted. spot gold & silver trading continued.
futures trading resumed only in the evening when USA trading opened.
one can understand why many suspected some cartel had to disrupt silver from going too high too fast.
speculation was the break was meant to give time to cool down, discuss & prepare (major shorts?)
spot silver went on to reach new record high at 56.50, closed at 56.37; futures closed at 57.08.
current narrative is silver spot & futures will keep rising, major short covering to be seen.
gold and silver are abang & adik. the gold silver ratio or GSR has now gone down to 75: 1 from a high of 105:1.
at that ratio, gold now looks very attractive although some expect the GSR to eventually reduce to 50:1.
all in all, both gold & silver are expected to rise further in the current environment.
therefore, if gold gets to $5000, silver may get to $100.
gudluck to all!
This post has been edited by AVFAN: Yesterday, 01:57 PM