Gold breaks out of ascending triangle

On the daily chart, gold broke out of an ascending triangle last Friday and is now pushing toward its $3,500 all-time high, targeting higher levels. The long-term formation suggests potential movement up to $3,750.

Silver continues huge move higher

Silver is climbing sharply, with the next target being the 0.786 Fibonacci level at $41.64—though it could go even higher.

Silver forming a 45-year cup and handle pattern

Zoomed-out analysis shows silver forming a massive 45-year cup-and-handle chart pattern. If it plays out as such, the price could head toward just under $100.

Bitcoin latest rejection from breakout of channel

Bitcoin has just failed to break out from the upper boundary of its ascending channel. However, this may be a retest—potentially leading to a successful breakout on a subsequent attempt.

Which will be the fastest horse?

Despite gold and silver’s strong moves, the author still backs Bitcoin as the likely outperformer in the coming weeks or months.