no S SHERLOCK!!! lol silver is coiled like a spring like the miners.
$SI Silvergate Capital - Hitting the bottom of its recent range with a possible bullish hammer candlestick. High probability of a near term bounce. Bullish Unusual Options Activity: $2.1M of May $110 calls bought today (7x open interest) Near term target: $160-$170 range possible by early May Note: This is NOT investment advice. Educational only.
#DXY SOME SILVER STOCKS I RANDOMLY PICKED LOOK IMPRESSIVE ESPECIALLY #FIRSTMAJESTIC #USDTRY I GET SIDETRACKED BY SOME FX TALK #TURKISH #LIRA CANARY IN THE COAL MINE???
On July 27, 2020, I published the post below, showing the similar structure in silver and bitcoin on the weekly chart. The similarity in structure suggested to me that Bitcoin would follow silver's price behavior. It did exactly that after breaking the 12k level, going vertical just like silver had after breaking the $19 level. I am not suggesting that silver is...
Silvergate the bank for Crypto If you wonder where the exchanges ans hedge funds keep their USD - here is your answer. Has crypto had a good year? Did Silvergate make money and will they have made money this fall? I think so But I am not a financial advisor
Between two patterns, green and red. Green has us going to $19.40 before going up and Red has us already done. If the Red pattern prevails, price should reach $78.35 before starting another correction (in both price and time). Right now, higher probability with the Green pattern so still looking down.
its real time to inviste in silver cause we are going to have a huge bullish trade, as indicators shows with fort probability
The move is in - easier to go long at this point than try to short the US Dollar or by proxy every other currency pair featuring the USD. At worse you know where to put your stops. After today's move away from the precipice the decades long trendline continues to hold. TVC:DXY The mainstream media in this case Reuters has been reporting this for months....
Silver Futures dropped today as we all suspected it would. So what now? Is Silver having a difficult time getting to the next level on the fibonnaci scale? It went up there before in the grey area, but it flew too high too fast and after struggling to go any further, dropped back down. Silver has been making astronomical gains since its arrival and traders have...
H&S, broadening desc wedge, hit resistance level, lots of targets below. Aggressively take this play, double down at broadening wedge resistance.
BBands tightening on the daily and clear h&s.
This structure looks solid - one gust of wind and its back to < $18.00
Rising silver prices have reach their final destination. Chickens across the country are pissed!
What a time to be a trader...and what a day! U.S. markets gapped up and held their gains throughout todays session after Moderna, Inc. reported positive phase 1 results of a potential Covid-19 vaccine. Could it really be that simple for the bulls? It'll be interesting to see how the market reacts when the Fed Chair Jerome Powell speaks at a scheduled Senate...
If a bull market in precious metals is truly underway, we want to see silver outperforming gold!
Today is the big day! The Bureau of Labor Statistics releases the unemployment number at 8:30AM EST. As I am writing this post, U.S. index futures are pointing up and so are Gold and Silver . This morning I'll be touching upon the CBOE Volatility Index (VIX) and Silver Futures (SI!). The VIX Bears will be watching the VIX closely today and they should be....