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🚨 Silver's Next Target: $175? Chris Vermeulen Explains #shorts

Sprott Money Jun 4, 2026

Summary

Chris Vermeulen identifies silver's long-term technical target at $175 per ounce based on Fibonacci extensions.

A short-term correction toward $40 per ounce remains possible before the next major price advance.

Fibonacci extensions (a technical tool using key ratios to project price targets) suggest substantial upside potential for silver.