Silveranalysis
SILVER - Waiting for NFP's - SIlver broke downtrend trendline resistance
- Waiting for a break of the latest top to confirm the bullish bias ( approx $25 )
- Candle formation daily chart implies bullish sentiment (at the time of analysis)
- Waiting for NFP numbers tonight which can affect yields and USD and as result the SILVER price.
SILVER top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
SILVER top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Silver top-down analysis Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
SILVER - Wave Revision - Bullish Potential ExplainedFollowing on from my video idea I posted yesterday which talks about Inflation using some macro views. (Linked below)
In this video I give you a full break down of the waves in Silver since the early 1900's.
I do believe the pressure is mounting on shorts in this market and eventually it will snap out of this range.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Silver- for my Cinderella critics 😱🧟Just my thoughts on Silver and some educational tips.
a few things about Silver:
- Silver has the highest thermal conductivity of any element
Out of all the elements, silver is the best electric conductor, and is actually used as the standard by which other conductors are measured. On a scale of 0 to 100, silver ranks 100 in terms of electrical conductivity. Copper ranks 97 and gold ranks 76.
- Humanity (technology) needs Silver like the desert needs some rain. It's the best semiconductor
-The price of silver is driven by speculation and supply and demand, like most commodities. The price is notoriously volatile compared to that of gold because of the smaller market, lower market liquidity and demand fluctuations between industrial and store of value uses.
- The price is systematically manipulated BIG TIME ( JPMORGAN example and off course, my Chicago friends at the CME , Merrill Lynch and COMEX also etc etc - probably even the Bogdanoff brothers 😱🧟)
- This is no Gamestop for any retail investor group to be able to play with. It's too big.
- Long-term Cycles in Silver: academic research did not find any clear evidence of silver price suppression. Moreover, when we look at the long-term behavior of silver prices (see the chart), we see clear cyclical patterns, not a permanent downward trend (or even a flat line).
Thus:
I expect the price to rise and I have the patience to manage my positions on Silver and also on AGQ, accordingly.
That's me. One love
FXPROFESSOR 💙
SILVER - Full Breakdown - Beware Of A Short-Term TopIn this introduction to Silver analysis using AriasWave I break down the long-term pattern right up until this very moment during this buying climax.
I thought this would be a great time to to start officially bringing regular Silver updates due to the current speculative environment.
I want to highlight how speculative mania's usually lead to a short-term top no matter what market you are looking at.
Let's just remember that hope is not a strategy.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Lost Money On Silver XAGUSD? Watch This Video To Learn Why!XAGUSD Silver has been a very profitable trade for us at the Sunday open, everything that we have detailed in our previous Silver XAGUSD analysis has unfolded to a T.
As I mentioned on the video, I was going to post a link for our other social media but just noticed that it violates the house rules, so I won't post any link here. Make sure you like & follow to never miss any other tutorial or forecast.
Here's the link to the previous analysis:
SILVER XAGUSD - To The Moon? Watch To See..Silver XAGUSD has been a very profitable trade for us within the month of December where we forecasted a big rally on the back of more stimulus, annual inflation and seasonality.
In terms of Silver we have to be extremely careful in our trading and "scale in" instead of going "all in", for next week we are aiming for a quick take profit level of 26.22 and we will either add more orders or protect our positions based on the reaction of the market off that level.
Silver can be extremely profitable for you, but you need an approach to trading that combines data + key levels to be consistently profitable. If you are finding yourself losing money trading, make sure to give us a like and follow to keep learning the best strategies for profitable trading.
Gold - SilverGold & Silver - Gold finds support at the Fibonacci 50% ratio retracement level.
In Gold -
The bearish run could end here or gold could progress to the 38.2 % ratio retrace at $1,688.
Silver is also at such a key level. Bang on the 61.8% ratio and a classic double bottom pattern resides here for a phenomenally strong confluence of support at this stage.
I was about to open a leveraged XRP trade, however I spotted a double top pattern on the hourly chart, so I held fire for a while.
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SILVER another move coming after several days of consolidation?SILVER looks to be winding up towards the end of the next consolidation period, with a move in the next few days likely. A move up could take us back to $25.50 and a move down could take us to $22 and change. Worth watching over the next few hours.
SILVER Bearish (1H) Head and Shoulders? Bear Flag?There are some interesting patterns forming in SILVER , mostly pointing to a further downwards movement to come in the short term.
Is it a Head and Shoulders pattern? Or a Bear Flag?
Or are the market manipulators just toying with us?
Get out your tinfoil hats and let me know what you think...
NOW FOCUS ON SILVER MY FRIEND INSTEAD OF THE GOLD
Gold prices are higher in midday trading Monday, but have backed well down from the overnight nearly seven-year high of $1,590.90, basis February Comex gold. Today’s low-range close hints that the gold bulls have run out of gas on a short-term basis and need a rest, or pause. Meantime, silver futures scored a more-than-three-month high of $18.55, basis March Comex futures. High geopolitical tensions are and will likely continue to support the safe-haven metals. February gold futures were last up $13.80 an ounce at 1,566.20. March Comex silver prices were last down $0.016 at $18.14 an ounce.
The U.S. stock indexes coming well up from their overnight lows also encouraged some profit taking in gold from the short-term futures traders, following the recent good gains.
As I reported early this morning, for the very short-term traders of gold (usually futures markets), here’s an important development: History shows that a big spike up in prices amid higher volatility tends to produce near-term market tops sooner rather than later, after that initial spike up. That means in the coming days the gold market could put in a “near-term” top that will last for a moderate period of time.
Global stock markets are still upset on geopolitical fears following the U.S. drone strike late last week that killed Iran’s leading military figure. Asian and European stocks were down overnight.
The key “outside markets” today see crude oil prices near steady after hitting a 22-month high at $64.72 a barrel overnight. Meantime, the U.S. dollar index is weaker amid a five-week-old downtrend in place on the daily bar chart.
The weekend saw more saber-rattling from the U.S. and Iran. President Trump tweeted that the U.S. has 52 Iranian sites set for attack if Iran retaliates against the U.S. for the killing of its general. Meantime, Iraqi’s government voted to expel U.S. troops from Iraq, which prompted a response from Trump that the U.S. would impose economic sanctions on Iraq if such occurred. Nations around the globe issued proclamations urging restraint on the matter from both the U.S. and Iran. This is arguably the most serious geopolitical development in many years, and whose repercussions will play out for a long time to come. That will likely keep trader and investor risk aversion elevated for some time to come. That’s bullish for safe-haven assets like precious metals and U.S. Treasuries.
H4 LONG TRADE ON SILVER - TREND is your FRIENDQuick summary of how i usually view the markets.
In terms of market movement, i tend to view them as either Ranging or Trending market environments.
- Trending environment means that price has a general direction it is heading based on High Time Frames market structures. BULLISH Market structure refers to higher highs and higher lows, while BEARISH Market structure refers to
lower highs and lower lows.
- Ranging environment means that price usually just oscillates within the range with no clear direction. This is also refer to chopping markets, making it harder to trade since there is no clear trend. Hence, usually i drew up a range and
take trades around the range low / high and trade it to the other side. EG Long range low, targeting range high.
For spotting of trade opportunities, i look to take trades near High Time Frame structure. By refining my entry, stop loss and target based on Low Time Frame structure, i am able to maximize my Risk:Reward ratio of the trade setup by aligning with the Macro trend.
Setup type: H4 Significant Flag
Levels of confluence:
1) Weekly Range Low
2) H4 Demand zone proven itself previously when price dipped into it and rallied to make another higher high (Confirmation of demand)
QUICK XAGUSD SCALPDotted Horizontal - Key Monthly Level
Daily pivot - Acted as resistance and support multiple times
H4 Flag - Last H4 consolidation before taking out the highs, significant in my opinion
I tend to view price in ranges, help me to better visualise where price is more likely to go. Enjoy and Peace!