AS 2020 CLOSES OUT, THERE ARE ABOUT 25% MORE U.S. DOLLARS IN CIRCULATION THAN AT THIS TIME LAST YEAR...
GOLD, SILVER AND CRYPTO SEEM TO BE THE BEST MOVES WHEN LOOKING AT THE TRADITIONAL MARKETS... LOTS OF VOLATILITY TO COME.
AS SILVER TRADES WITH IN THIS ASSESSING WEDGE, WE MUST KNOW THAT ASCENDING WEDGES HAVE A 66% CHANCE OF BREAKING LOWER... BUT, IF AND WHEN...
The Adam and Eve Bottoming Structure Could send Barrick Gold Into ATH... Q4 is Quite Bullish and Interesting time for GOLD, Silver and Cryptocurrencies. Bitcoin has recently decoupling from traditional markets and if this trend continues the masses could swarm into such assets during the next traditional market flash crash.
as we see silver has close daily above 25$ which is a great support for silver till testing next resistance zone
so we are buying with a small risk a higher rewards if u like our idea push like and comment
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So, we see that Silver has a great opportunity to find up $26.20 USD oz. So, in H4 the trend is clearly bullish.
In Daily we continue bullish strongest with force!!!
So, in summary, Silver is goes to up, I'm interesting to buy more Silver in H4 timeframe when we see a another conirmation to buy another more lots in...
So, we've had a huge sell off in silver the last week.
However, i now believe we are on the way for a new bullish run taking out the last high on ~29.5 area in early August.
Good luck with the trading!
We have solid position on silver.
* MACD DAILY BULLISH
* StochRSI DAILY BOTTOMED
* My view is that silver will after this strong pierce and selloff make attempt towards previous highs, drop again and continue to push since underpriced.
* Target on silver is 48$/OZ.
Having on mind position of S&P 500, DAX. FTSE and the other indexes, situation...
📍 What's in play here?
This boat is becoming very crowded and the absolute freeing move would be a pullback into support before continuation to the topside in 2021. I have dropped my target to 18.5x, because even after the defensive CB manoeuvres continue the strength is mostly priced, and late buyers are underestimating that.
Been stacking at the lower levels, but hoping markets breathe a sigh of relief after the election, causing a dip in Silver to around $21. After that, should be on a tear to $47 over the next year or so. Silver of course DOESN'T have to dip to go to $47, just hoping it does for a good buy opportunity.
Please review Bulkowski's site for the full write up of a Bump and Run Reversal Bottom
Our lead in is a little short, being from Sept 1 to Sept 18, being about half the time of the 35 day average. Bulkowski does say the lead in can vary widely and I have even seen this on micro timeframes.
Very promisingly is this three day...
There is a very important date for silver coming up. Funny that the date converges with the trend line, will silver break out or drop down further. It's almost as if silver will show us if it approves the outcome of the election. My opinion (not trading advice) will break up ward to the parabola area, but only time will tell.
Silver in my opinion is how you...
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This won't be a long one. It won't be full of analysis. My case is just this:
These small speculative, under-capitalised, marginally profitable gold miners are now extracting a commodity that has surpassed 2011 highs - and looks assured of heading much higher. So, it seems safe to conclude that these exploration and mining companies look set...