In short our full net short position in gold and silver is well justified from the measurement of risk and reward at the time writing this article/idea As we are seeing from the past couple of days mining stocks,gold and silver have been moving sideways and volatility have been decreased in a significant manner,many inexperienced traders gets confused at this...
We can see one small up move at Silver, after that I expect its to continue to fall.
Silver is getting ready to break out of the pattern. I am bullish on COMMODITIES GOLD,SILVER etc. with all these QE and crazy money supply inflation would be inevitable to occur in next few years. Liquidity will be taken out from the market with int.rates and we are entering in the late phase of the economic cycle. Expecting to see huge rally in the price of Gold,...
XAGUSD is testing major support at 16.36 (Fibonacci retracement, horizontal swing low support) and a potential bounce could occur at this level to push price up to 16.71 resistance (Fibonacci retracement, horizontal swing high resistance, Fibonacci extension). Stochastic (34,5,3) is also seeing major support above 4.3% where a corresponding bounce could occur to...
As described in the chart
Hi traders, I'm expecting dollar weakness in upcoming weeks thus eurusd,gbpusd other opposite dollar going up, silver is no exception, you can use your method to find entry and buy silver to the level mentioned in chart, after it broke that level, sell silver for long term, next week look upside in silver. I'll post update in crude too. Thanks & Good luck
The silver bullet is about to be fired. Silver bullet (Wikipedia) - "In folklore, a bullet cast from silver is often the only weapon that is effective against a werewolf, witch, or other monsters. The term is also a metaphor for a simple, seemingly magical, solution to a difficult problem: for example, penicillin was a silver bullet that cured many bacterial infections."
Gold/Silver ratio looks to be topping out against strong resistance levels. This should see the trend reverse quite sharply as Silver is incredibly volatile. Should therefore see much higher silver prices in the latter stages of 2018.
Silver continues to test major resistance at 17.03 (Fibonacci retracement, breakout area) and a potential reversal could occur at this level. We can see that price has made a bearish exit of our long term ascending support-turned-resistance line and coupled with a bearish divergence, this could be the setup for a strong drop. RSI (34) has made a bearish exit of...
I'm long bull from 15 I wanna buy and hold for years, silver crashes every seven years roughly I want one more high and then ill go short and reinvest
A potential build up of orders waiting patiently to be filled to go Long, waiting on the price to take a sudden drop and be filled.
THE ICHIMOKU PROJECTS STRONG LEVELS OF SUPPORT AND RESISTANCE THAT ALLOWS US TO GAUGE RISK/REWARD. BY USING MULTIPLE TIME-FRAMES TO DETECT THE SHORT-TERM FRACTALS WITHIN THE LONGER MORE PREVAILING TREND YOU CONFIRM A TREND BY DEFINING IT (LOWER LOWS AND LOWER HIGHS & VICE VERSA). THE RSI GAUGES THE TIPPING POINTS OF MOMENTUM, LIKE IF A PENDULUM'S SPEED WAS GAUGED...
Don't have to say more... good luck and enjoy!
Silver built a perfect cup and handle in the past month and now it's primed to go up. Gold has been the leading metal as usual and watching most USD pairs you can see they as well broke out from old resistances. The weekly resistance for silver, which i'll show in the updates, should break once the cup and handle plays out. This will send us to 21-25...
Silver is already under an undervalued asset but we can expect even further price drop due to its manipulation which will happen in 2019. The diagonal support (yellow) was already broken twice and there will be a drop to $10-11 levels. When it will touch psychological barrier of $10 we can expect rapid growth (following green curve) which will cause price...
Resistance levels: 17,23 + 17,67 + 17,91 Support levels: : 16,96 + 16,60 + 16,26 Retrospective view : Since the beginning of July, silver has been in a further upward trend, which started just below the USD 14.50 mark and initially pushed the value above the USD 17.91. Silver began a strong correction in September, which found support at 16.26 USD. Starting...
As shown in the '4H' candle, the support is now tested at the 'A' level as shown in the figure which represents the falling trend after the break (the exchange of roles between the resistance and support levels) Again, and directly support the "B" "directly, but the false break will confirm the price rebound to the region '' I '' as the least estimate