The purpose of this research paper is to formulate forecasts for the U.S economy and for the Gold and silver prices. As we are publishing this report Gold is trading at $1682 per ounce however the white metal is hovering around $15.30.March has apparently ended which has been the worst month ever recorded for the equity market. we have already seen the dow jones...
Silver range bound looking for longs on pull backs
Trend line confirmed multiple times. Friday closed around the 50% Fibonacci level. Taking a long trade to 61.8% target. Shorting silver is questionable as plenty of support in the way. Please leave a like and share your thoughts on silver! Good Luck and Stay Healthy!
Major deflation is ongoing. People are hoarding cash and there is a US dollar shortage. Stock market is soon ready for another vicious leg down, which will due to margin calls decimate precious metals. Silver will most likely go back to 2008 levels.
Hi there. Price is forming a possible reversal pattern to change its formation. Watch strong price action at the current price for sell.
Ending C wave diagonal to start the final wave down to complete this bearish sequence.
XAG/USD The $ 15 range is currently the closest support on the chart I see the $ 16 range as the ceiling for the current move, and I expect to see another downward wave after reaching that range. If the predicted trend is confirmed, a sales signal will be issued
not too familiar with the chart tools but silver makes quick moves to catch up to gold. It would be nice if retail price went down a bit, but $30 CAD is still relatively cheap.
Silver has formed a rising wedge I expect after a final push the wedge will breakdown, i cant be sure though its just TA The rising wedge pattern is a bearish continuation pattern This is a short time frame 1H
Clearly paper silver and physical silver have not been on the same page lately. Though coming into end of May going into June I am looking for retest of 18.50 to 19 price level. Breaking through that level could be the start of a longer term bull run in Silver.
Hello dear subscribers! The price of Silver will fall at the moment when the price enters the sell zone, the Price will fall to a key level, but will not fall beyond this level. Watch the dynamics of prices. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
It is difficult to see the handle, but it there. I consider it an accelerated form of a handle given the crazy volume and price action during the virus outbreak. If 2009 - 2011 are any clue, then bonds should start dropping with interest rates and inflation expectations rising. This should boost gold. Remember that we have had some massive blocks over the previous...
It is difficult to see the handle, but it there. I consider it an accelerated form of a handle given the crazy volume and price action during the virus outbreak. If 2009 - 2011 are any clue, then bonds should start dropping with interest rates and inflation expectations rising. This should boost gold . Remember that we have had some massive blocks over the...
IMO bearish continuation pattern. My prediction... We will see be some bad Corona news from the USA Tuesday ish and will tank most markets including commodities, don't forget the FED has unlimited liquidity so few\no safe havens they can short anything to zero. My target for SPX500 is just below the green area. Cryptos day will come when the next round of QE...
Hi, thanks for viewing. I just posted this because the chart is the definition of neutral on the 4 hourly chart; The price is side-ways, RSI is almost at the 50 mid-point, MACD (not shown because I don't have sub) is right on the zero line as well. So, I watch with interest to see what is next. I am a bit less stressed about the price of silver dropping of late...
The purpose of this research paper is to formulate forecasts for the U.S economy and for the Gold and silver prices. As we are publishing this report Gold is trading at $1682 per ounce however the white metal is hovering around $15.30.March has apparently ended which has been the worst month ever recorded for the equity market. we have already seen the dow jones...