Silver ($XAG ) Long-Term Outlook

Veteran trader Peter Brandt notes that silver is still far from overbought based on the quarterly $ADX , a key indicator for long-term trend strength. This suggests the move may be early, not exhausted. With rising industrial demand and renewed interest in hard assets, Brandt highlights $147 as a realistic long-term target if momentum continues.

Silver often lags first, then accelerates sharply. Patience could matter more than timing here.

$XAG #Silver #Commodities

ADX

--

--