Gold and silver prices are modestly lower in midday U.S. trading Wednesday. The global trader and investor environment at present are one of the scant geopolitical concerns amid a booming U.S. stock market. That’s a bearish scenario for the safe-haven metals. However, such cannot continue indefinitely and veteran metals market bulls are biding their time. December...
Gold and silver prices are modestly lower in midday U.S. trading Wednesday. The global trader and investor environment at present are one of the scant geopolitical concerns amid a booming U.S. stock market. That’s a bearish scenario for the safe-haven metals. However, such cannot continue indefinitely and veteran metals market bulls are biding their time....
In this Gold to Silver price ration we can see that actually the ratio is skewed in favor of gold. At this level we had in the late 80, early 90 a cumulation of silver sending silver from a 80-90 range to a 78-68 range. Between 67 and 50 is where price action is more volatile giving nice swing possibilities based on strong gold demand at 50 and intermediate...
Silver is one of those classic investments that people tend to buy as price moves rapidly in a positive direction. By the time you hear about Silver's performance, the smart money is already unloading their holdings. I like silver. In fact, it's one of my top long term holdings. I think with the positive traction gold has had over the past 20 years proves the...
Silver is at a critical position. This is an opportunity for a controlled loss.. Did I say 'loss'? Yes - I did. If you cannot afford a reasonable stop-loss - of your choice - do not go long on Silver. Those interested in the Gold:Silver ratio, may check out its importance in recent weeks (on the net). Note that silver is going at roughly USD $ 17.04 at the...
Gold broke out of a 6-year base this year, leading the other metals and commodities. 6-year base breakouts don't just end in 1-month surges. We have higher gold targets following this correction. $1711 and $1834 gold targets in the next 3-5 months. To us, this correction is an accumulation opportunity. When silver rallies to $25, silver miners will have a ton of...
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4H Analysis Long Term - Price moving on a Descending Channel Short Term - Price moving on a Mini Ascending Channel Price struggling to create a new high inside Mini Ascending Channel. Per history, this is bound to go down. Entry Detail: SL: Set outside the Mini Ascending Channel Resistance Zone to allow the price to fluctuate. TP: 2R - Just before previous...
If Silver is able to close with bullish engulfing candle, then more and more upside is more likely for the metal which is currently on correction. This could possibly send the price to the upper channel of the bullish wedge.
Bullish Potential in Silver. 18-Mo. MA Support- $16.80 Channel Support - $16.92 Bullish Wedge Formation 1st Resistance - $17.06 Target Price - $25.50 Tight Stop Loss - $16.70
Korrektur bald abgeschlossen und Ready für einen neune Schwung nach oben ?
Silver continues it's recent downtrend after the FED indicate on Wednesday that there would be no future rate cuts despite downside risks. However, we still maintain neutral view given the volatile nature of the market as we await a break towards support at $15.55 or resistance at $18.2 to determine the future direction of the market.
Please, note-We are still holding our short position both in gold (entered at $1530) and silver (entered at $19) as we could witness the very severe breakdown within the precious metal sector in the upcoming days and months which would ultimately make our positions more profitable..we are warning you from months however if you would still like to enter short,...
As markets continue to see headlines about delayed negotiations for the China and U.S. tariffs, gold continues to be stuck in what seems to be a longer term daily bull flag-- declining channel-- making well enough defined lower-highs and lower-lows. My downside target this week for gold is 1448, where I expected gold to react off of the previous resistance now...
Commodities are feeling the downside pressure due to the strong US dollar, there is money flowing out safe-haven assets into the equity market since it's been climbing to all-time highs. Silver forms a very interesting pattern and has been doing so since the start of September when it fell drastically from the strong rally. The pattern involves a strong 1-2-day...
Silver shows further rejection after false break out of the falling wedge, it has lost key fib levels of 61.8 and 50. continue to drop until $11.