Long term indicators are turning positive whilst the FIAT money printing is increasing world wide to counter-effect Covid-19. As a counterbalance precious metals and diamonds act as value preservatives. With this reasoning my speculation is that we are getting closer to a clear turningpoint within this field. Due to this I'm long silver both as investment and...
The formation of the Diagonal pattern at the end of 5th wave from point b First, let's take a look at the weekly chart. The first uptrend ended in the range of 49.83, and the price is in corrective phase for this uptrend, which can be extended up to the $ 8 level. ( Weekly Chart ) In the corrective phase of (2 / B), there is the possibility of the termination of...
Silver, Bullish Continuation and Breakout Significant Support!
Preconditions: - Large accumulation - False break out - Key level - Global uptrend - Local uptrend Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
Simple 101 channel for the hottest commodity this week
We have an order block below the previous support on Silver (XAGUSD) The support marked has been hunted with a wick once, let’s see if we can get a second manipulation followed by a bounce to the upside.
XAGUSD broke out of the yellow downtrend line last week. Now, it has successfully retested the breakout as support. If the support holds, Silver should see a large run to the upside with the first resistance being the cyan uptrend line. The 50ma (blue) and 200ma (yellow) are curling up and will act as large support areas if Silver downtrend momentum continues. We...
The United States Mint just announced a shortage of Gold & Silver. See links below. www.theepochtimes.com www.reuters.com Silver has been artificially & fraudulently held down for decades while gold continued to rise. JP Morgan just bought "FAKE" Silver by creating ("Procured") 61,250 contracts, or 61,350,000 new ounces of Silver (1,000 oz bars) in a matter...
✴ - Volume looks good but still under the average ✅ - Double bottom on 1h ✅ - Bullish price action on 4h (Bullish Engulfing) ✅ - Harmonic pattern forming (Crab 🦀) ✅ - MACD ✅ - STOCH ✅ - Momentum ✅ - DeMarker ❌ - MA50 (2.5% under 50MA) ✅ - MA200 (2.6% above 200MA) ✅ - Pivots: (2.7% above the pivot point ) ⏰ - Breakout 1: $27.17 🚀 - Potential targets (🚀$29) 🪂 - If...
CHAPTER-1 played nicely ^^ silver prices outperforming gold and other metals. but this bullish trend may not be sustainable before another bottom test.
Our updated Silver chart. The price is finding support and we are buying again now but a drop to 26,4 is possible and we will be ready to buy even more then. Remember: a healthy support is a good sign of the price's possibility to rise in the long run. Watch today's video for more into this matter
Just my thoughts on Silver and some educational tips. a few things about Silver: - Silver has the highest thermal conductivity of any element Out of all the elements, silver is the best electric conductor, and is actually used as the standard by which other conductors are measured. On a scale of 0 to 100, silver ranks 100 in terms of electrical conductivity....
The silversqueeze has caused a breakout in silver with the price now backtesting the resitance line. This must hold above $27.74/oz or this rally will be short lived.
Short squeeze 🎯 = $38 🌑 🎯= $92
Our updated Silver chart might be giving whoever missed out, a good entry point. We were expecting the rise for a variety of reasons and entered at a GREAT time : Silver is FAR away from it's all time highs, which makes no sense to us. Gold is almost at all time highs which does make sense to us. Silver is also called the 'Cinderella Gold' and maybe it is time...
We are currently at a year 2008 Projection before massive surge in 2010-2012.
Silver has just hit an 8-year high after breaking $30.00, driven by retail investors on Reddit and Wall Street Bets on what several sellers are calling "unprecedented demand for physical silver." A set of cascading Cup and Handles with a final target price of $96.202 has formed on the chart. The inner cup and handle, inside the handle of the larger cup and...