Technical Reasoning for My Long Term Silver Hold

FX:XAGUSD   Silver / U.S. Dollar
196 2 2
Entry 20.65
Target 90.00/95.00
Yes, there will be bumps along the way,
and I will probably take some profits and buy dips in between.

The long term fundamentals are as strong as can be.

But, trading has always been about finding technical entries.

agree fundamentals are strong as can be. but they could still remain in silence for years and therefore metals could stay in the area of their production costs or even lower.

how did you overlay the silver-candles with the stochastics?
not sure how i did it.

the only reason fundas would remain in dormant is because the big banks have a vested interest in metals staying lower. They can make money in Forex and stocks so why wouldn't they supress commodities? At the same time however, $50 was a huge resistance in 1980.

Also, a 61.8% correction is nothing out of the ordinary. Still very bullish trend long term.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out