Silver punched through main resistance without even breathing hard. But before anyone declares victory, the man whose computer model CALLED this whole correction has a word.
Silver had already reclaimed $66 when Martin Armstrong sat down with the SilverTrade Insider (1:04), and his verdict on the move was ice cold: “It still may just be a bounce.” Socrates doesn’t confirm the major turn until around Q1 2027 (1:25).
So who’s right, the chart or the computer? Honestly? Maybe BOTH. A ripping tradeable rally inside a bigger basing pattern is exactly what that setup looks like. But know which call you’re trading, because they are NOT the same call. And Armstrong’s case for holding metal doesn’t care about either chart: “What they are is more of a hedge against government” (44:38).
The breakout call above is TSM’s. The patience call is Armstrong’s. The full episode is below. Watch it and pick your side.
From TSM:
Silver has broken through the main resistance without any trouble as expected.
We’ll likely see some dips in the $70 range, but I wouldn’t try to time them.
As we’re clearly in a bull market, trying to trade every pullback is one of the easiest ways to lose your position.
