Large tringle in a long upward trend. I see continued growth. The accumulation phase confirms my thoughts. Only buy. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the...
Hi Traders Silver (H4 Timeframe) A low to medium probability, to go LONG is forming @ 26.473 after the market found support @ 25.342. Only the downward break of 25.342 would cancel this bullish scenario. Trade details: Entry: 26.473 Stop loss: 25.342 Take profit 1: 27.071 Take profit 2: 28.138 Take profit 3: 29.877 Score: 5 Strategy: Bullish Trend Reversal
Welcome to BittuFX - Trading 🎯 EURAUD 4H TIMEFRAME! SILVER SELL - 25.993 🎯TP - 25.789 🎯TP - 25.585 🎯TP - 25.381 📈SL - 26.197 BittuFX - Copyright © Reserved Use Min Risk ( Don't Use High Lot size ) Leave us a comment or like to keep our content for free Have a great week everyone! ❤ - Bittu -
Some thoughts on Silver Junior Miners, as expressed through the SILJ ETF. Silver's long term forecast is impressive, but it's short term as an SOV / Industrial Commodity will be choppy, as it's picked up and dropped on whims. But remember, always DYODD!
I just realised that silver is in ascending triangle, which is bullish biased pattern. This could potentialy break out into downside, however I don't see how environment would indicate that. For the swing trade you should wait for break-out and confirmation before starting a trade. For a long-term store of value/inflation hedge this seems like not bad entry.
Following the development of the silver price since the hype some time ago it seems that we now from a technical analysis standpoint are the bottom of a longer term trend channel. From here on out my idea is that we will turn back climbing upwards towards the upper parts of the trend channel. But hey - I'm just a TA Noob, so don't take me all to serious.
A revision to V3, that sees this current 1-5 wave and subsequent ABC shortened by a fib ratio. Also, have added a fib channel to show the expected price of silver over the next few years. Now just need wait and see ;)
As said before and I will say it again, in the past months, Silver's trend and evolution clearer than Gold's And as you can see from the posted chart, after reaching 22 on Thanksgiving week (1765 correspondent in Gold), Silver has had a clear uptrend. More, last week's fall in Gold to 1760 has a 26.50 correspondent in Silver, being far from a drop and just a...
Either we will see higher volatility going towards new highs in silver now or it will continue on a long term uptrend. The Biden stimulus should however have an impact and result in greater inflations and therefore mean that silver will be valued higher towards the dollar. If it doesn't, then silver isn't connected to fiat and geopolitics and therefore broken and...
Silver keeps failing to rise over the 28 dollar mark. A drop back to previous support is now more probable. Do we expect Silver to break over 28$ eventually? The answer is yes but not while Nasdaq is dropping. That correlation is the key.
Hi Traders Silver Multi-Timeframe analysis H1 CHART A low probability, entry signal to go LONG was given at 27.118 after the market found support at 26.847 . Only the downward break of 26.847 would cancel the bullish scenario. Support & Resistances 27.039 27.510 26.816 27.652 26.528 27.940 H4 CHART A medium probability, entry signal to go LONG was...
Building on the work of my V2, which had correctly identified the 8 year cycle for Silver, there was something about the MACD bugging me about it and how it didn't line up. Went back to it and got to the bottom of it! And what a lovely find regarding the Elliot Wave corrective wave, in that the time proportion between the last correction period and this recent...
Our chart shows support and thus we are attempting to Buy. We have covered Silver fundamentals previously, look at the related ideas below.
Silver will continue Uptrend! Watch out Friends!
An update of a previous chart. Just a bit more of a play with time frames, although the core 16 year cycle is still solidly in play. Most interesting thing to note was the .38 ratio in play between the big movements. This is the after affects of Gold standard removal in 71 coming home to roost, incredible. Interesting!
Unlike Gold, Silver is in a clear uptrend, with the price putting in higher lows and higher highs since the beginning of December. The spike to 30 from the beginning of February is now corrected and XagUsd looks ready to resume it uptrend. At the time of writing Silver is trading at 27.55, just under 27.80 resistance and a break above resistance can lead to a new...