Here is an interesting side-by-side #comparison of the previous #Silver bull market rally (which ended up in Silver’s all-time high price) during 2006-2012, and the current silver bull market from 2018-2024.
You can see that both #bullish movements began with a #boring, flat base. Followed by an exciting first runup which ended with a drop. This ‘bump’ can be described as a classic ‘Bear Trap’, which shakes out those with little ##faith.
The Bear Trap is then followed by a sideways to up consolidation that tantalizes #investors but also frustrates them, keeping them guessing.
The consolidation ends suddenly when the #Silverprice breaks through stubborn #resistance and shoots higher, signaling the start of the blow-off #rally which usually ends with a new #record high #price. So far, this looks like #history is repeating, but only time will tell for sure.

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