Father of Momentum Structural Analysis: Gold to Reach at Least $8,500, Silver to $300

Seasoned trader J. Michael Oliver, the father of a proprietary technical analysis method called momentum structural analysis (MSA), predicts that both gold and silver will continue to break records, reaching at least $8,500 and $300 per ounce, respectively.

Gold and Silver to Keep Rising, Bull Market to Continue: Father Of Momentum Structural Analysis

While some analysts are signaling an end to the precious metals bull market, J. Michael Oliver believes that the upcoming bull market will have a dimension of its own.

Oliver, the father of momentum structural analysis (MSA), a technical analysis method that uses momentum and oscillators to identify market moves, believes that this bull market will be different and that traders who want to take profits are underestimating the upside of both gold and silver.

In a recent interview on the Money Markets podcast, Oliver stated that gold has risen eightfold in both prior periods of bull market (1976-1980 and 2001-2011). Oliver stressed that this time, gold has only risen fourfold, setting its price at the halfway mark of a similar bull market.

He assessed:

So, if gold even just matches the prior bull market peaks in terms of how much did it go up on a percentage basis, we got to go to $8,500. And that’s only to say, oh, I did it twice before.

Regarding silver, Oliver stated that it would catch up to gold in “a horrifically fast and dimensional way.” MSA predicted silver to shoot up earlier this year, given that the relation between gold and silver prices was very low, reaching 1%.

He estimates that this number might reach up to 6.5%, taking silver to an “entirely new reality.”

“In the next handful of months, expect to see silver in the couple of hundreds and quite possibly $300 to $500,” he concluded, disregarding the notion of it being currently overbought.

Oliver’s statements share similarities with what Jim Rickards, a renowned economist, has predicted for gold and silver. Rickards said gold might reach $10,000, and silver would follow, reaching $200 per ounce this year.

Read more: Jim Rickards’ Explosive Predictions: Gold to $10,000, Silver to $200 in 2026

FAQ

• What does J. Michael Oliver believe about the current precious metals market? Oliver asserts that the upcoming bull market for gold and silver will be uniquely different, cautioning traders against underestimating their potential upside.
• How does Oliver compare the current gold price to previous bull markets? While gold has historically risen eightfold in past bull markets, he notes that it has only increased fourfold so far, indicating significant room for growth.
• What are Oliver’s price predictions for gold and silver? He estimates that gold could reach $8,500 if it matches previous percentage increases, while silver might soar to between $300 and $500 within the coming months.
• How do Oliver’s views align with those of other analysts? His predictions parallel economist Jim Rickards’s expectations, who has projected that gold could hit $10,000 and silver could reach $200 this year.