A 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite). Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals. TTM squeezes normally see price bounce off...
EXK is a junior miner. With fixed expenses in its mining operations for the most part, margins rise dramatically when silver is rising and the opposite is likewise applicable. This is the crux of using junior miners as a means to profit from trending in precious metals. As a penny stock EXK has hieghtened volatility as compared with Barrock Gold or the GLD...
SPOT GOLD XAUUSD is shown here on a 30 minute chart. This zig zag long trade is a bit more than a day in duration. It is meant for use in a forex trade with 10:1 leverage and then increased upon fluency after some amount of experience. Superimposed on the chart are support and resistance zones of the visible range and the RSI of the given chart time...
AGQ a leveraged ETF of silver and its futures, spent mid-March to mid-April on a great uptrend from which it pivoted down in a 50% Fib. retracement which took two months to complete. After a bit of consolidation and sideways channeling, it has finally launched into bullish continuation as shown on the daily chart. The Lorentzian AI machine learning indicator...
On the 4H chart, I show my analysis that JNUG is ready for an uptrend using the MACD / RSI for confirmation. A head and shoulder pattern is followed by a downtrend which ends in a double bottom for a reversal. I see the potential for a significant gain of the ETF and its call options over about six months. See also my idea on XAUUSD / Spot Gold for a more...
Silver will be blowing up soon make sure u don’t miss it!
Triangles happen in 4th waves, and silver has clearly developed a nice wave 4 triangle about to end. In a few weeks silver is going to work it's way to an ideal price of 40.
Silver broke out of a descending wedge, a consolidation after its February 2022 run. The 2X silver fund AGQ is looking great here with a technical breakout retest. A bullish MACD cross will likely send this to $50 + then it is going much higher with silver. Precious metals are about to have their moment as stocks and crypto sell off.
If Silver manages to break its all time high, I believe AGQ will pass the $400 resistance and reach the next level of resistance at $2500. This will leave us with a 6000% gain. This play all depends on Silver breaking new ATH. I'd still rather own physical silver, but I've definitely thrown money into this incase it plays out the way I envision it.
entry time: 06/14/2021-06/23/2021 entry price: AGQ ~$53 (mine DCA is around 48) account position: 25%, + 3-5% option price target: ~60-100% profit , AGQ 80-100 stop loss: will only buy more with big dips (change position into long term, wait for breakout either end of 2021 or in 2022)
Please check my previous ideas on AGQ, why I like to invest in it and the potential there is. AGQ is a 2x leveraged Silver ETF. Instead of utilizing swaps like most geared funds, AGQ invests in silver futures and forward contracts—this also means the fund is structured as a commodities pool, so it will distribute a K-1 form. Since I expect silver to go higher,...
NYSE:HL formind on 4H chart bullish pennant. You can notice rising volume in recent days after earnings. If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together.
Once you see the week chart and also saw yesterday day chart volume, what you will do, wait ? The price undergo 6 months consolidation. $AGX, $SIL
Short Term Trade for Silver. We see the quick 45% drop and double bottom which occurred shortly after. From that low of 37.40 our first target is a 45% recovery + .318 = 66.20 Our 2nd target is a 45% recovery + .500 = 72.93 Our Stop Loss is at - 43.71
Short Term Trade for Silver. We see the quick 45% drop and double bottom which occurred shortly after. From that low of 37.40 our first target is a 45% recovery + .318 = 66.20 Our 2nd target is a 45% recovery + .500 = 72.93 Our Stop Loss is at - 43.71
My favorite ETF to buy. Why buy Gold at almost record all time highs? Why trade Silver futures with a high leverage that can bit me in the ass in a single day? I prefer to buy the ETF and trade it like a share✔️, thus no expiry on a CFD✔️, no huge leverage✔️, no expiry means i do the broker no favors✔️ For this trade alone I have an account on a broker just for...
Greetings! Precious metals and therefor AGQ look attractive on several time frames for both traders and investors Here is a quick run down of why I am in AGQ as of today (p.s. this isn't financial advise, it is why I do what I do): Price action just retested previous horizontal resistance as support at 39.5 popped below the daily bollinger band and is...
ProShares Ultra Silver (AGQ) ProShares Ultra Silver seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Silver SubindexSM. This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to...