I really like this $PAAS chart . . . broke out of an 8yr downtrend line, successfully retested and pushing higher. Could take some time/further consolidation, but get above 22-22.50 and there is major blue sky. #silver $SLV $SIL
Folks, we hate to burst the bubble but... Has anyone looked at the charts of the GOLD and SILVER stocks? RSI, MACD and Stochastic indicators are so over bought, it is alarming and sounds the DEATH KNELL for both sectors. Anyone telling you differently has no idea what they're talking about. To top this argument off, the big companies like GOLD and NEM are...
massive bull flag set up. See daily chart for set up. $SLV $AG $SILJ
good set up here. See Monthly chart to confirm $SILJ $SLV $USLV
I like the odds in buying Gold here. We started buying it yesterday, near the lows, today gives further confirmation as miners surged, and preciouis metals are posting new daily highs as well. Quarterly timeframe is in an uptrend as long as Gold holds over 1245 ish. Best of luck, Ivan Labrie.
Daily Formations allow for bigger moves. I'm interested in shorting on this backtest. Also, my interpretation of what might happen. 90% chance it won't follow the path correctly, but I like to let the mind wander.
Attempting to put more pieces of the puzzle together, considering my ideas on the miners recently published, from what I have seen over the years, B / X waves or alike (as potentially marked on the chart with a black line) usually have a subsequent opposite move in price at the end of such a wave. Therefore, the move in gold from 2016 low would have ended with a...
Same as my recent ABX, GDX chart. PAAS appears to be playing along nicely with a sideways consolidation with classic text book decreasing volume, as well as other indicators looking encouraging, so would expect another pump higher regardless of wave count (either impulsive or corrective). HOWEVER, I have also seen breakdowns from these forming triangles, which I...
We have entered a long position on XAGUSD last month. We reached the first target, however, Silver could not break the main resistance. But the midterm trend appears to be Bullish. 17.50 remains as the main resistance and break out of this level will accelerate the bullish move. Additionally, we see an increase in the non-commercial long positions. We see the...
The BTC as been considered "the new gold" as a safe haven. The dormient GOLD and SILVER will raise thanks to BTC tank Stocks of industries that work GOLD and SILVER like PAAS will benefit of this movement. This stock is absolutely in oversold situation and a investment on it maybe a great idea in my opinion.
Good retest gap on Thursday. This trade has the 10,20,50, and 100 EMA's on the daily between the entry and the stop. If this trade triggers, there should be a lot of support to create the bounce. The trend looks bullish on all time frames. Lots of room before the next longer term resistance level at 21.66 so if the trade moves in the right direction, I may look to...
We have a nice chance to enter longs in $PAAS here, if we break above Friday's high, we'll have a chance to retest the resistance above, as the arrow indicates. Risk is a new low, so the stop is really tight. $PAAS has some of the biggest mines, and low operating costs, although still not profitable, so, it's not suitable for longer term investment unless you size...
I don't think PAAS investors will be able to prove Isaac Newton wrong here. Silver shows potential for a downtrend in the intermediate term, which makes me think it's time to short PAAS. Entry is at market, with stop at the highest high + 1 tick. You could also look to short calls, or other option strategy, but I'd rather short the shares. We can aim for the 15...
Looking for long term trade entry around here, between $46.50 - $48. Will it ever come back to this level, only the $GLD Gods know. Check out $PAAS, $AUY, and $ABX for the next BULL pullback!! Let's make some fiat $$$$!!
GLD looks like it has room to run so a breakout of this area is good odds and a potential long buy for PAAS, AUY, NUGT...