Silver price is not still sure to make LONG but we can buy with smart strategy. First, buy from current price level and make another BUY when silver price still falling.We can use Martingale strategy for two entries. ... Very simple.We just need to make money management according to our investment capital. .. Good luck guys. Thanks.
Hi all, Silver is at an interesting point right now. I am waiting for a set-sup to go long on it due to: - The five waves down have completed, - RSI is at very low levels (and showing a small bounce. There is some reason to be cautious: - This may be wave A of a larger ABC correction down, - Silver declined 9% after breaking the lower trend-line but I expected...
No long explanation here, just thought i'd do a quick share on markets I am watching to get in on for the long haul. If you read most of my charts in the past 3 weeks, you should know how I trade. Feel free to use this as your guideline. This is long-term trade so atleast a year upwards before you look into collecting your winnings. I don't really suggest where...
At the moment of writing this update our full 250% net short positions in gold -0.46% -1.65% , silver 0.07% -0.53% and mining stocks are well justified from the risk and reward perspective. In today’s analysis, we will present you numbers of key factors that are likely to result in lower Gold -0.46% , Silver 0.07% and Mining stocks(precious metals)prices in the...
we predicted sell position in gold -1.31% 0.20% 0.11% and silver 0.14% -0.73% -0.06% When gold -1.31% 0.20% 0.11% was at 1358 and silver 0.14% -0.73% was at around 17.800, first post regarding our short view sent on March 8th, we took the entire profit out of the table @1260-gold and @16.100-Silver, multiple short-term trades have been executed while riding this...
Short term Trades ASSET--XAGUSD Sell Limit Price: 15.400 Take Profit: 15.000 Stop Loss: 15.800 ASSET-GOLD Sell limit Price: 1195 Take Profit: 1180 Stop Loss: 1210
Exchange rate broke down range (i marked it gray) When the price make range — you need to understand it is pause for accumulate position. The price showed for us that that accumulation was for short. I will look for short if the price will make pull back to Mirror level $15.20 with goal: $14.30 Push on like button if you like such analysis
This week will be crucial for Silver.. watch out for the break/ breakout. looks bullish... waiting for the confirmation
Our existing positions ASSET--XAGUSD Sell Limit Price: 15.500 Take Profit: 12.80 Stop Loss: 16.46 ASSET-GOLD Sell limit Price: 1231 Take Profit: 1080 Stop Loss: 1275 ( It doesn’t, however, mean that we won’t adjust (limit, close or even reverse) the position before this price level is reached. If we get enough confirmations other than gold’s price...
At the moment of writing this alert our full 250% net short position in gold 0.14% 0.79% , silver -0.06% -0.26% and mining stocks are well justified from the risk and reward perspective. In other words, for the first time ever, we increased the position size to 250% of the regular position. GDX ETF-the outlook for mining stocks remains just as bearish as it...
At the moment of writing this alert our full 200% net short position in gold, silver and mining stocks is well justified from the risk and reward perspective. The HUI Index Special Breakdown .The HUI Index broke it's previous 2018 low and moved below the 61.8% fib retracement .There had been almost 5 attempts to break below this specific...
I have 3 main scenarios and the good news is that they will reveal themselves very early next week. Scenario 1. The current correction is an abc, in which wave c has already extended slightly over 1:1 (Pt. 2). This would point to the price facing very strong resistance at its current level and failing to break higher. If price fails to break above $15.55 and also...
Just got stopped into a short trade. Will target 15.221 as both the larger degree and smaller degree wave 1 extensions put the 1.618 extension there. Good enough for me. There should be a healthy bounce after that.
After having posted some rather bearish views, here are a couple of bullish views. First, if the current triangle is wave (B) in an ABC correction then after the recent 5 wave down move (5 valid waves are present on some charts for silver and not for others (as the wave (ii) extreme is slightly higher than a 100% retracement on some charts - and not on others -...
Silver should shortly break the sub-wave (iv) low to confinue the wave (v) move that will finish the larger degree down-move. Expecting a bounce after that. Both the larger-degree wave extension and the smaller degree wave one extension put the 1.618 extension at 15.210 and thats good enough for me as a target.
Precious metals are not in good conditions right now
This setups is similar to Gold, but Silver hasn't quite developed as far yet. I am still waiting for a completed kumo twist and chikou span to raise a little higher to confirm we will indeed stay bullish. So far we have seen price continue to bounce off kijun sen as support which is promising of an eventual bullish breakout. If we can get those bullish...
I love silver more than gold...WHY Well looking at the chart and technology, gold is very manipulated and silver is almost 10x less than gold Plus not to mention 1 oz of silver will get you 6 months of food in Venezuela, not that you are gonna go to Venezuela. Right now it still needs to complete the weekly rising/ ascending triangle. I would not be buying...