If you like this idea, don't forget to support it clicking the Like Button! Hi guys. This idea is a long term analysis of the Silver bullish trend (probably bullish). My tactic for silver is to wait until the point (C) is reached and to expect for candle confirmation of bullish trend continuation. If you are looking for a short-term trade on Elliott corrective...
Good buying potential for progressive increase per silver.Trade safetly
XAGUSD potential short setup, price currently below 4h 50ma and has set a new lower low. Targeting the 127% fib extension. Look at my account for a big picture long trade idea
Currently bullish on silver with the following scenarios to be considered A. Price breaks 18.20 resistance and continues higher to 18.70 or beyond B. Short term pullback to 9ema zone before we continue higher and break resistance C. A larger pullback to do more formal retest of the broken 17.40 area All daily trend signals have flipped bullish (9ema, 20ma, ichi...
In this long term chart of silver, a ascending broadening wedge is present, which led to a bearish breakdown. A falling wedge which led to a bullish breakout. A bearish descending triangle, and a recently formed bull flag that may lead to further upsides. Rising MACD supports this idea.
One for the #silver bugs. The $SIL / $SLV ratio looking to post back-to-back weekly closes above horizontal resistance. Silver miners outperforming silver: #notbearish
Potential opportunities on silver for the next days. I will update following this analysis , so follow to get the notifications of potential trades entries :)
Commodities are feeling the downside pressure due to the strong US dollar, there is money flowing out safe-haven assets into the equity market since it's been climbing to all-time highs. Silver forms a very interesting pattern and has been doing so since the start of September when it fell drastically from the strong rally. The pattern involves a strong 1-2-day...
Silver prices recently broke out of a daily ascending triangle as well as a downtrend line. I believe that as long as Silver stays above the lower trend line in the ascending triangle, it could move higher.
In silver, we had a strong move upwards from the $17/oz range to a high of roughly $19.755/oz. Recently, however, the price has failed to maintain momentum to regain those highs and has steadily pushed lower in an evident regression trend on the daily chart from 05 Sep 2019 to the present. I believe that silver will retest the $17/oz range, and from there, we will...
At the time of publishing this research report, Gold is trading at $1488 and silver is at $17.50. Gold dropped more than 1% on Friday which makes the prices plunged from $1510 to $1480($30 move). The Donald J.trump tweet on Friday had a significant impact on the market in which he showed optimism ahead of his meeting with Chinese Vice Premier Liu He at the White...
Short term Elliott Wave view suggests the rally in Silver (XAGUSD) to 17.79 ended wave (1) as a 5 waves impulse. The pullback to 17.24 in the metal ended wave (2) with the internal as a double zigzag. Down from 17.79, wave W ended at 17.27, wave X bounce ended at 17.64, and wave Y ended at 17.24. The metal has broken above wave (1) and resumed higher within wave...
Silver looking good. Gold looking good. Bitcoin looking good. Litecoin looking good. I'm bullish on all of them. I'd be stocking up on all of these, and get the real thing. Get the physical metal that you can hold in your possession. For cryptocurrency make sure you have your private keys.
I'm playing silver in a bullish macro trend, so I'm still long. However we could see a significant pullback, shaking out weak hands and traders before a higher high. Short traders could be right depending on the degree of retracement. However I'm not looking to short. I'm looking to long the pullback.
First a perfect reaction of the .382 swing high to swing low and now a rejection of the 618. Levels to watch are a possible triangle trendline but buying that trendline would be to risky. Better buy would breakout of the downtrend triangle with a retest. If we get back to the 382 at 17.4 we could either have a V-shape reaction or we could smash through, that would...