Here is a Full Gann Square applied on |AG| if |silver| performance in Jan 2019 will be good then this setup could be valid. Cheers, Keops
Silver- Double Bottom formation (Downtrend over). Confirmation- Red neckline must be broken.
The trend line dates back definitely to 1971, but qualitatively to 1920/30s (static.seekingalpha.com) Adjusted for inflation
go home..
anyone who as been to the US always says the same thing; "Wow, there's just so much space here!" Well china and russia the same way... huge countries with some mineral wealth that a) need it extracted and b) need to take the profits from exporting this mineral wealth and turn it into paved roads, water purification centers, hospitals, etc... the developed world!...
Keep it simple. I drew a yellow brick road to the next target zone. This is a 2 to 3 month play. We have sell signals, no buy signals, with momentum even still bearish. I dont want AG to drop to here, but I just read charts and drop emotions. Were at the top of the wedge, with the Ichimoku turning bearish. The bottom of the wedge is a long term support line...
On one hand, it retraced to the .786 line of the Aug 2016 high on June 14... On the other hand, it is at the bottom of a channel... MACD on pace to cross over on the 3 hr. Leaning long, but not placing trade at this moment...May be something to keep an eye on... ill look at options prices today. Travis JMJ - UIOGD
I think we are close to the 3 wave. We are at the end of a C wave on daily but the 4h show us there is more to drop. It will break the low then we are good to go up. Trade at your own risk!
Watch formation for a nice entrypoint to ride the next leg higher
AG looks like it broke the downtrend, time to go long. IMHO
Price is trying to break the resistance level.
after a long correction we can se an breakout with EMA50 Support. Could be good chance to buy. Target over 60€
AG is still considered an inverted head and shoulders in the making, as the first shoulder's resistance has not been broken. Price will likely be bouncing from the support trendline and up to the low 13s.
Frena en el Cluster formado por Fibonacci y sale al alza. Es un activo corrrelacionado al oro y plata que tuvieron una gran recuperacion. pero el cluster formado por el activo genero mucha fortaleza al alza.
Not much to say here, pretty straight forward forecasting. I'll be long if we test 16.25-16.30 range. Note I pointed the arrow straight to the 20th. ;) GL