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$SILVER Long-term outlook Elliott Wave chart analysis #SILVER

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10,128 views • 5 months ago •via X (Twitter)

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David Hunter, Contrarian Macro Strategist, shares his outlook on gold and silver. After silver’s sharp ~50% correction, Hunter says the reset in sentiment may have cleared the way for a powerful final leg higher. He sees silver targeting $180 and gold targeting $6,800 in this cycle. Looking further ahead: “You could see gold get to 20,000.” And on silver: “I have had a long-held, long-term target of 500 on silver.”
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David Hunter has been calling for a melt up in Gold and Silver for many years and in 2025 his targets were hit. He's now updates his short term targets raising his gold target to $6800 from $5500 & silver to $180 from $125. Long term targets remain $20k gold & $500 Silver.
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