✅SILVER is going up now And the price broke the Key horizontal level of 24.31$ And the breakout is confirmed So I think that there is a chance To to see a further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
See the three touches on the upper trend line. If this line holds, the DX price could move down to the 98 area. Also the RSI (10) is overbought. Such a chart could be used to short the DX, or to go long the EUR/USD and the precious metals such as gold, silver, platinum. If I were to trade the DX short, I would place an extra big stop loss, maybe at 103.90 or at...
Chart above shows price of HL (silver mining company) and below shows silver futures. HL price is landing on a very strong support area. And silver futures just made a nice bounce off the monthly support. Looks like silver (and gold) is forming a huge inverse HS. It may take a few more weeks to build up and break out. Also HL is trading at 4 dollars, a...
This is worth a try here - LONG; Overall environment is a mixed bag, with a strong deflationary bias at the moment. Rates (and the $) is sitting smack in the middle of all possible ranges thus, anything can happen here - and most likely will. If this doesn't turn here (quickly!) then it's no good. (Gotta watch it closely, with narrow stops.)
#SILVER... market is just below his upside resistance of the week 24.40 it will be our key level in today and in current week.. until market hold it then it can drop anytime and above that area there is no short. so guys only short below 24.40 otherwise not. trade wisely good luck
closing the market in the silver market last week it can be seen that there was confusion, look at the candles that I gave this dotted line. at the beginning of next week there is a possibility of sideways before the price is corrected in the SR Flip area.
SILVER - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell SILVER Entry - 24.227 Stop - 24.742 Take - 23.092 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AMEX:SLV Bullish Ascending Triangle Chart Pattern. A "bullish triangle pattern" is a continuation pattern commonly observed in technical analysis. It is formed by converging trend lines that connect a series of higher lows and relatively equal highs. This pattern indicates a temporary consolidation phase within an ongoing uptrend, often followed by a resumption...
Silver is getting juicy here. We already got nice bounce in the last two weeks. The price action started to look like an inverse head and shoulders. Also volume is showing high interest here. If this pattern plays out, the short term targets are $26 and $28. Silver is very cheap if you consider the historical prices. With the inflation we had over time, it should...
Preferred direction: BUY Comment: As we expected, the metal rolled back exactly to 1912 and the correction stopped. The current consolidation above this level most likely indicates the forthcoming further strengthening of the buyer. Gold is characterized by medium-term long, so a rollback to 1900 and even lower is possible, however, the medium-term instrument...
Preferred direction: SELL Comment: The price continues to accumulate above the level of 144.900, which does not benefit the buyer in any way, since the instrument should have grown with such a breakout of the level for a long time. There are suggestions that the current balance will be reversal and the price will fall in the medium term. Thank you for like...
🔸Hello traders, today let's review the 4 hour chart for silver. Recently solid gains off the lows near 22.50 usd and currently expecting more gains in this market going into September. 🔸Setup is based on speculative XABCD structure, point X at 25.75, point A and 22.30, point B at 25.00, point C at 22.50 and finally point D/PRZ at 26.85. 🔸recommended strategy...
Preferred direction: Neutral Comment: The move on the metal was the same as we considered in the previous trading idea. Now a more likely scenario is a pullback down, judging by the same divergence. A rollback to the level of 1912 is expected, from where the growth could potentially continue up to 1938.915. Thank you for like and share your views!
Preferred direction: BUY Comment: The currency pair is still bullish. This priority is relevant as long as the price is above the level of 0.87757. Such a long-term accumulation at the level does not benefit buyers, however, given the general behavior of the price in relation to the franc, we can say that this is a normal situation for this instrument. Thank...
✅SILVER keeps rising and The price grew by almost 10% from the recent lows So Silver looks overbought Thus after it hits a horizontal Resistance around 24.5$ We are likely to see a Bearish reaction and A local price drop SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Silver, after confirming Partial-Rise, has also formed 3 Falling Peaks and looks to be preparing to drop back below the bottom end of the range at 18 dollars. When it does this, it will enter a Butterfly BAMM Wave Structure that ends at the 1.272-1.618 Fibonacci Extensions. As a result of this new price action, I am lowering my price target to $6.61-$0.21 from my...
Yea i know i published an idea on gogold before . FYI , i was stopped out and i DO NOT post my stop losses. Im way too busy to bother with that . This is another kick at the can that is gogold resources . Still a solid company and which many do not know is a primary silver miner . That's why i like them . They just bounced off major long term support but i expect...
3.5% is a lot in gold, and that's about the range of the total landslide we've been through the entirety of August so far. It's the kind of pattern where goldbugs and USD collapse narrative nerds go long and go long or hodl and hodl but the price never goes up. In my last call on gold from the beginning of July, I warned that $2,000 was a death trap. That call...