🥈 SILVER ($XAG) — LONG-TERM OUTLOOK
Veteran trader Peter Brandt says silver is still far from overbought on the quarterly ADX, a key gauge of long-term trend strength.
👉 Translation: this move may be early, not exhausted.
📊 Why Silver Still Has Room:
• Quarterly ADX shows strong, healthy trend
• Rising industrial demand
• Renewed interest in hard assets
🎯 Long-Term Target:
Brandt highlights $147 as a realistic objective if momentum continues.
⏳ Silver’s pattern is familiar: it lags first, then accelerates sharply.
Here, patience may matter more than perfect timing.
#Silver #XAG #Commodities #Macro #Markets
ADX
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