{"id":111,"date":"2025-06-20T19:02:34","date_gmt":"2025-06-20T19:02:34","guid":{"rendered":"https:\/\/50yeartrader.com\/blog\/?p=111"},"modified":"2026-09-30T21:46:34","modified_gmt":"2026-09-30T21:46:34","slug":"silver-futures-update-molokai-nest","status":"publish","type":"post","link":"https:\/\/50yeartrader.com\/blog\/silver-futures-update-molokai-nest\/","title":{"rendered":"Silver Price Forecast: $150\u2013$175 Target and the Molokai Nest"},"content":{"rendered":"\n

Silver has always been sort of “my baby!” This update looks at three silver charts, a 5-Hour, a 30-Minute and a 1-Day, and at how a nested Molokai Setup is built.<\/p>\n\n\n\n

Silver, Then and Now<\/h2>\n\n\n\n

I made my first trade in silver in 1973 and had a decent piece of the Hunt Brothers’ runaway market in 1979-80. As per my previous post, I believe we will see $150\/oz. to $175\/oz. before too much more time has passed. You may want to read my earlier Hi-Yo Silver<\/em> post from last year here on Substack.<\/p>\n\n\n\n

But it is a tricky and sometimes frustrating market. Silver played with us like children from 1975 to 1979 before deciding to run! Those were frustrating years but, in the end, there was a nice payoff for our efforts.<\/p>\n\n\n\n

I see silver today playing the same games. Right now, I think we are already in the 1979 phase, and the first run to $75.00\/oz. could occur this year.<\/p>\n\n\n\n

Here are three silver charts with my short analysis.<\/p>\n\n\n\n

The 5-Hour Chart<\/h2>\n\n\n\n

This is the 5-Hour chart. A very nice Molokai Setup, though the Counts are off a little. The red arrow is the entry. But wait, there’s more!<\/p>\n\n\n\n

\"Silver
Silver futures, 5-Hour chart. Chart courtesy of Investing.com.<\/figcaption><\/figure>\n\n\n\n

The 30-Minute Chart<\/h2>\n\n\n\n

Here is the 30-Minute chart. A small Molokai, so we have the well-respected Molokai-Molokai NEST. If you look very closely by the red arrow, I would bet there is a mini-Molokai at the 5-Minute level, indicating a Double Nest. There is also fairly nice white space in the Setup.<\/p>\n\n\n\n

\"Silver
Silver futures, 30-Minute chart. Chart courtesy of Investing.com.<\/figcaption><\/figure>\n\n\n\n

The 1-Day Chart<\/h2>\n\n\n\n

Finally, here is the 1-Day chart. The Jumbo Count is just slightly off. Generally, I will consider half a square close enough to call it a cancel, especially when there are other factors like the M-M Nest to qualify the trade.<\/p>\n\n\n\n

\"Silver
Silver futures, 1-Day chart. Chart courtesy of Investing.com.<\/figcaption><\/figure>\n\n\n\n

Charlie says: no single factor can make or break a trade candidate. It is always the balance of positive and negative factors, the preponderance of evidence.<\/p>\n\n\n\n

TIP:<\/strong> Setups are buyer-seller struggles. Often the Setup doesn’t jump out and grab you visually. You must train yourself to follow the bars as the buyer-seller struggle proceeds. See my recent post on Charlie and Charts.<\/p><\/blockquote>\n\n\n\n

This is a personal market view written in 2025 for educational discussion. It is not investment advice or a guarantee of any price. Trading futures and metals involves substantial risk of loss.<\/em><\/p>\n\n\n\n

Good Trading!<\/p>\n\n\n\n

Michael Duane Archer<\/p>\n\n\n\n

Related Reading<\/h2>\n\n\n\n