SILVER is ready for another BIG BULLISH TRIANGLE breakout! That's a big bullish triangle, let's smoke some hopium and pray it breaks up! 65% Chance it breaks up, 35% chance it breaks down. Trade safe my friends... TVC:SILVER
Apparently SILVER is finding its way for next run. Its quite looks like its formed an trangle and waiting for its break out. if it break below the trangle, on the support side 25 and 25.50 should provide sufficiend support. I wont surprize even if falls to 24.00USD. But, fall below it might signifies the end of current up trend in silver. If the trangle...
Silver has been resilient, yet still dropping slightly as the DXY struggles at best to stay afloat trading near .94 Fed continues to print = falling Dxy = rising silver. Still extremely tight phys supply in US will keep silver prices supported and elevated as the price fluctuates due to Dxy There is strong support for from April 2013 and Aug/Sept 2013 at...
Please share with me your thoughts, Regards
Multiple Indicators Point to Silver Going into a Bullrush This Week
Nice upward trend trading in a price channel. There was some pre-earnings profit taking, this was before silver's one-day price drop, but it has resumed its upward trend. Looking like it will soon re-enter the price channel. This dip is a good buying opportunity and I added to my position today.
As we can see on the 4 hour Fib SLV is playing nicely with it's expected levels. There's a gap to fill to 26.48 so as long as the metal keeps moving up, expect SLV to fill the gap relatively quickly and then move onward to the higher levels we've recently seen, and beyond. (see link for other chart) As for the sharp drop we had last Tuesday and it's near V...
it is about to turn extremely volatile. but the destiny to take this one uP
Please share with me your thoughts Regards
RSI 50 neutral level bounced back signaling that the uptrend pattern is still intact
SLV currently sitting at strong support from 2011, 2012, 2013, with a big gap down to next major support level at $23-ish. As long as Fed keeps promising to print money and dollar continues to look weak in the long term, I am loading up here. This pullback is very bullish and much needed, shaking out the weaker players.
Price looks like it wants to come down to test the $27 range. Hasn't tested the break of the 9EMA on 12H yet. Expecting a bounce in this region. Stock RSI crossed bearish on multiple TF's as well.
The breakout call was accurate and saw an explosive rally (see link to related ideas). Price is currently consolidating.
hope you enjoyed ~Bo
I bought on 4th of September 2018 my first physical silver, since then we are currently up 92%, and yet there is much more to come. Free money printed by goverments everywhere, we have atleast 3 more months of absolute shit growth ahead of us. GL to all. DO NOT SHORT ANY MARKETS
With USD breaking down nicely mid to late last week the market was pricing in the inevitable record drop on quarter USD GDP . I'm still very Bullish ok Silver and truely believe the USD has a long way to go yet to the down side which is of course Bullish on Risk on investments. Whilst i do believe Silver will post new Highs this year ill be looking to take...
Great time to lock in profits