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Patrick Karim, technical analyst at Technical Traders Ltd, outlined bullish long-term price targets for both silver and crude oil. Karim stated that silver could rise above $800 per ounce, while oil may climb past $400 per barrel.
Karim has previously reviewed silver markets, providing an in-depth analysis of past and current corrections. In earlier commentary, he also observed that Bitcoin was trading within a gold-defined dome pattern, citing ongoing constraints for the cryptocurrency. His recent outlook on silver and oil extends his focus on technical patterns across asset classes.