chartwatchers
Long

Silver - The Secret Runner

FX:XAGUSD   Silver/U.S. Dollar
2468 24 55
2 months ago
I love silver             because it's a thin market , following gold             and printing the big rally in 3-4 days.
If you jump in the right time you can make the yearly gains in a week.
The indicators are giving the same signals as this year June:
MACD is crossing over and notice that it's turning up from a very low level...
RSI left oversold and has turned up from a low level also.
SlowSToch is also giving the signal.
TSI             is just 1-2 days from turning up.
Yesterday's volume was quite high. Yesterday we just tested the 10 EMA and today we broke above but couldn't stay above the 10 EMA.
Watch how we are turning up from the 200 SMA ....
I think we are just waiting for the dollar to top finally and then it will print a big rally...

Today I was not opening gold             and miner positions, but I was opening silver             . Silver             is still at the lows. When they find it it will be a big runner.
If you think buying gold             you would chase the price , just choose silver             .

2 months ago
Comment: RSI and MACD is turning up from this year's most oversold levels.
Watch the 200 SMA and tell me this is bearish.... :)
snapshot
AliQaiser
2 months ago
what secret runner means?
Reply
chartwatchers PRO AliQaiser
2 months ago
It means that you sigh at the New Years Party in December:
I wish I was buying silver in october.
+3 Reply
toothless chartwatchers
2 months ago
HAHAHA
Reply
chartwatchers PRO chartwatchers
2 months ago
First I wrote Xmas tree. :)
+2 Reply
AshYo
2 months ago
Are you suggesting Silver over gold in this?
Reply
chartwatchers PRO AshYo
2 months ago
I was buying only silver today.
I have tons of gold, wagons of mining shares and mountains of silver.
+3 Reply
Perseus chartwatchers
2 months ago
Bought silver yesterday instead of adding to gold. Started off the day poorly, but the rest of the day was encouraging.
+2 Reply
Cheetsbaby84
2 months ago
Which instrument or vehicle do you use when investing in silver? Thanks Apri!
Reply
chartwatchers PRO Cheetsbaby84
2 months ago
SLV for the normal investors and USLV (3x) for the brave ones
+2 Reply
chartwatchers PRO chartwatchers
2 months ago
Today I was buying simply XAGUSD at SAXO
Reply
nnavarrete PRO chartwatchers
2 months ago
on top of my USLV and my future contracts I bought some physical last Sunday... just for the sake of it lol :)

https://silvergoldbull.ca/1-oz-2016-canadian-maple-leaf-silver-coin
Reply
Nightstar
2 months ago
Silver will always outperform Gold in the long run. It's a smaller market and therefore, more volatile :)

I also have a shit ton of JNUG, Lol! Good times you all.
+4 Reply
nnavarrete PRO Nightstar
2 months ago
Check the the new direxion 3x leveraged focused only on silver miners SHNY :) , low volume, but great gains
Reply
Nightstar nnavarrete
2 months ago
Cool :) I will add to my list.
Reply
JesseL nnavarrete
2 months ago
SHNY Is only a 2X Leverage. You can do better with JNUG at 3X.
Reply
JesseL JesseL
2 months ago
FYI: JNUG tracks GDXJ pretty closely +/- 3X and GDXJ includes most of the big silver miners like AG, HL, EXK, PAAS, etc.
Reply
albertwt Nightstar
2 months ago
What do you mean by outperform ?
Silver price is now so much lower than Gold, how can it be possible to be the same as Gold ?
Reply
ummuhijrah
2 months ago
good idea...be carefully because resistance daily clear to short......
Reply
gotthejazz
2 months ago
hi. just to be on the safe side, where should stops be placed? thanks
Reply
AshYo
2 months ago
Which symbol are you playing with with silver?
Reply
XiaoLi PRO
2 months ago
any update or comments on the dropping?
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perdp PRO XiaoLi
2 months ago
look at the dollar
Reply
Hi Arpi,

Here is my take on Silver. I think it plans one more leg down and that is why it is so weak. Here is the chart:
snapshot
Reply
AshYo
2 months ago
Any update on this, seems still bearish or?
Reply
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