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Video Update

Silver Breakout to 11-Year High

By Jordan Roy-Byrne CMT, MFTA •Posted on May 15, 2024

Silver has broken out to a new daily 11-year high. The next strong target and resistance is $34-$35.

The Gold/Silver ratio has lost trendline support. It closed at 80 with immediate downside target of 75 and later, 65 where there is major support.

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Jordan Roy-Byrne CMT, MFTA is a Chartered Market Technician and Master of Financial Technical Analysis. He is the author of the 2025 Book Gold & Silver: The Greatest Bull Market Has Begun. He is also the editor and publisher of TheDailyGold and TheDailyGold Premium, a newsletter which emphasizes market timing and stock selection for precious metals investors. Read more →

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