Silver can go any side but before taking a position we should wait until it breaks any line and after that we can confirm it is bullish or bearish of course with risk management.
Chart says it all Watching below MA/SMMA for late entries Trend line holding
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A peak is formed in daily chart at 28.75 on 05 /18/2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected. Price is above...
Congratulations to everyone who was with me in this position. TP№1 - hit. I continue to stay in. and wait for the realization of TP2. Who those who didn't enter, I showed 2 entry points in the chart. First: price starts squeezing, makes a breakout, and retest (entry point after that). Second: the price will drop on zone 25.6. There is a good time to buy. Write...
For the fourth time, the price approached the resistance level. If the price breaks the level this time, I will wait for a retest to open a long position. Let's see! 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...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
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...
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...
This time not in gold but in silver. I have recommended to my clients, the entry on silver or on miners since Thursday. The situation is heating up in the markets, and I expect a serious increase right in the opening tonight. But entering now compared to Thursday, involves some risks of extreme volatility, due to the situation in the markets. Let's not...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
My favorite ETF to buy. Why buy Gold at almost record all time highs? Why trade Silver futures with a high leverage that can bit me in the ass in a single day? I prefer to buy the ETF and trade it like a share✔️, thus no expiry on a CFD✔️, no huge leverage✔️, no expiry means i do the broker no favors✔️ For this trade alone I have an account on a broker just for...
Silver is gaining momentum in bullish territory on the monthly chart. All MA's are now acting in support which is really good. VWAP is also under which give great push on the upside. Here are some projection for next Grand Cycle Wave 3 Based on last intermediate wave 2, the intermediate wave 3 can reach : 161.8% - 86.688$ 261.8% - 133.092$ (my favorite...
Preconditions: - global uptrend - local uptrend - large accumulation at the bottom, shows the big player who buys on the cheap silver.. You will learn the best place where we can trade this instrument at low risk. 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...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. While...
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI downtrend #1 is broken, so the probability of resumption of uptrend is increased. While...