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SIL

Silver hit target on time! Next projected target at 30.The target previously posted hit target spot on time ! So what’s next? I would hazard a projection that despite the parabolic run, it still might have some legs to go, but am expecting the next target area (green ellipse with red outline) to be volatile. Not expecting a close above 30.30 though... it is just over stretched. IF silver still continues, the;we are in for some serious s hitting the fan... I don’t know what it would be, next week tells more! Btw, for study sake, I have put in the bright green arrows for the typical best entry points. Stay safe....
COMEX:SI1!
by Auguraltrader
Silver upside target at 27.70Recently, there was a lot of hype on precious metals, and Silver outshone Gold (finally!), particularly over the last week or two. This who are in positioned find themselves wondering when this parabola will end. And I’ve been asked one too many times for a projected expectation. While I do not have a crystal ball (at all), price target is calculated to be at 27.70 , (with a possible intraday extension to 28) for the immediate target in this current parabolic run. Likely to reach this target around 3-5 August, if not a bit earlier. Momentum is very bullish at this point, with “all systems go at full speed ahead”, even on a longer term.
COMEX:SI1!
by Auguraltrader
Silver to retest former top of 21.13This is an updated map as we saw silver dropped into the abyss below the range. Overall structure remained unchanged as it is still a flat correction although the right valley was established low than the left one. The market is consolidationg within wave B of (Y) and it can dip between 14.23 and 13.24 into the blue box of Fibonacci retracement area. After completion the upside move would resume to tag the former top of 21.13. The wave C then should unfold at least 1.618x of wave A within (Y). The silver was the game changer as previously I thought gold completed upside and should reverse.
TVC:SILVERLong
by aibek
XAG/USD Price Action Analysis | The Next Leg DownSilver is consolidating in the main Trading Range after creating the Distribution Schematic. A visit to the Range High in order to gather the enough fuel for the next pullback to the below of the Range, is the trigger for the short position. Entry: 17.49 SL: 18.01 TP-1: 16.51 TP-2: 15.66 R/R: 3.52 ‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬ ‪The ideas published here are not financial advices. ‬
FX:XAGUSDShort
by CompositeTrader
LONG CDE - Company just broke out of a 8 year down trendCDE is a great buy here as the stock has broken out of a 8 year down trend starting in 2011. CDE has lagged other silver miners slightly during these recent silver breakout (). They are optimizing recovery and costs at current claims and have a great deal of exploration and potential for new claims in the works. They have suffered from aggressive short selling as of late - see: fintel.io , but this should just fuel a spike in the stock as Silver moves to its next resistance point of $17.30. Technically resistance at $5.20, then $5.75.
NYSE:CDELong
by chandldj
1
Gold should fall to this support level before bouncingThe US Dollar is poised to rally back to near $97.50 as this recent downside price swing ends.  We believe the US/China trade talks and North Korea deal with result in a strong upside potential for the US Dollar and the US stock market as time progresses. A certain number of industry analysts are starting to announce the recent December 24th lows and subsequent rally as a “new bull market”.  We have been suggesting to our followers that this market has lots of room to run as a continued global capital shift takes place.  We do expect some price rotation over the next 3~5+ weeks in certain sectors – including the US stock market and Gold.  We believe the US Dollar INDEX:DXY strength will continue to push higher, above $97, with the potential to reach near $99 before the end of this year.
COMEX:GC1!Short
by TheTechnicalTraders
Silver. Short Opportunity. Target 12-13.66Silver market was undermined with a notorious Flash Crash occurred last summer. The chart structure was spoiled but at the end of the day if we have enough patience to wait until dust settles we could see the clear picture again. I spotted for you both the blue downtrend and the yellow triangle pattern in the wave X on the chart. It looks like we can gain from the last drop down to the previous low at the 13.65 or even lower to the downside of the downtrend to the area of 12 handle. The RSI indicator can't raise its head above the waterline beyond the 50 level and it favors the short. The invalidation level is set at the finish of the wave "e" of X at the 17.70 level. The minimum risk/reward then is equal to 2 and is healthily asymmetric.
TVC:SILVERShort
by aibek
2