XAGUSD - Silver

Gareth indicates that silver is showing bearish technicals and predicts a drop to 66-64.

Silver is forming a bear flag pattern. Near-term target is $66-$64, with eventual breakdown target of $54-$46 zone. Gareth is not buying yet but waiting for the pattern to play out.

At $50 or a pierce of $50, Gareth plans to begin buying longer-term physical silver holdings and dollar-cost average lower. This is based on the thesis that governments will not fix their spending and debt problems.

Silver is weaker than gold with a shallower bounce. It reversed at $82 resistance and is trading in a bear flag consolidation. Gareth expects a retest of $64–$66 support and ultimately $50 or below by year-end.

Silver is forming a bear flag with a possible short-term push to $82 resistance, but the longer-term outlook is bearish with a target of ~$50 by July.

Longer-term parallel channels point to a significant correction in silver, potentially hitting the $50 range by mid-summer (July).

Long-term bull on silver. Near-term bounce expected to around $82, but plans to buy physical silver at $49–$54 on the next leg down. This is viewed as the area where weak hands get flushed out before the true bull market resumes.

Soloway identifies silver as partially industrial and partially safe-haven, currently struggling. He sets his physical buy zone at $49-$54 for long-term accumulation of the physical metal.

Nick cites Bank of America's target range of $135-$390 (averaging ~$222), David Hunter's $180, and other analyst targets. He calculates an average expert target of ~$129 and sets his personal target at ~$200. He states he is never selling his physical silver.

The entire video thesis is that silver price is set to skyrocket due to the physical squeeze, government price floor, and failed manipulation. The speaker explicitly advocates for physical silver ownership.