Silver Miner Breakout Alert – You’ve Got to See This Chart

The junior silver miners, as measured by the SILJ ETF, are showing a powerful technical setup that could mark the beginning of a major move higher.

🔹 Chart 1 – Cup & Handle Breakout
On the weekly chart, SILJ (Junior Silver Mining ETF) has just broken out of a classic cup and handle pattern, supported by higher-than-average volume. This pattern often precedes strong rallies, especially in commodity-sensitive sectors like silver miners.

🔹 Chart 2 – Decade-Long Resistance
Zooming out, SILJ has spent more than a decade trading inside a narrowing range. Now, it’s pressing right up against the long-term resistance line. A breakout above this level could trigger a significant rally across the entire junior silver mining sector.

🔹 Macro Tailwinds from the Fed
Adding fuel to the fire, Fed Chair Jerome Powell’s Jackson Hole speech this past Friday hinted that interest rate cuts may be back on the table. The Fed is preparing to inject significant liquidity into the system. A dovish shift in US monetary policy could provide a powerful tailwind for precious metals and their miners.

This is a rare alignment: a bullish technical setup converging with a dovish shift from the Fed. If SILJ clears its long-term resistance decisively, the move could be explosive.

Keep your eyes on SILJ — the setup is here, and silver miners could be on the verge of their biggest breakout in over a decade.

Disclaimer: This newsletter is for informational and educational purposes only and does not constitute financial advice. Investing and trading involve risk, including the potential loss of capital. Please do your own research or consult with a licensed financial advisor before making investment decisions.