Silver: wait to buy!

FX:XAGUSD   Silver / U.S. Dollar
121 5 7
Hello everyone,

The corrections on Silver             and Gold             have not been finished yet. However, on EUR/USD             this the contrary is the case. Those correction of cycle II has been finished.

On Silver             this is not the case yet. We should wait for cycle II to complete and of course buy there with a lot more certainty.

May God bless you!

Good luck.
Comment: Volatility is very high. Make sure how to trade this, because it can be dangerous.
Comment: No clue what happened here. :) I guess the commodities market is just very uncertain. I closed this last week I guess.

If this day closes above the wedge, the breakout up will be confirmed.
Comment: The labeling went wrong at some points.
So when is the good time to buy Silver on the chart above ?
TAtrader albertwt
In the bottom range, so at 15,25 would be the best entry.
TAtrader TAtrader
According to this old chart.
4h update

+1 Reply
The pink pattern is not correct: it is a rising wedge.
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