Gold (June) / Silver (May) Gold, yesterday’s close: Settled at 2348.4, down 14.0 Silver, yesterday’s close: Settled at 28.052, up 0.068 Yesterday’s warm CPI and weak 10-year auction paved the way for a much-needed consolidation day for Gold and Silver. Still, the precious metals complex battled valiantly, exuding bull market trends within the intraday...
Silver Future Weekly chart forming Ascending Triangle Pattern waiting for breakout.. it will make new high so buy silverbees to invest buy every dip..
Silver forming flag pattern need breakout above 23.300 so it can shoot upto 24 dollar mark
In a few days COMEX:SI1! will probably break down MA 200 on 1W and go down to first $18.50 price target in its long way to $13-$16. Technically Silver Futures finishes C wave in its big correction move.
You can see very clearly why gold will break into its mew price territory. I used my own method of triangulation that has proven to be fairly accurate up to most of the time. I think that gold will become very expensive and soon become 5000 dollars but not before it bounces off of 3000 first then back up to test ath. 5000 next move take pay. Wave 2 8500 expected...
Hello There! Welcome to my new analysis about SILVER on several timeframe perspectives. As I pointed out in my previous ideas SILVER is in a more bearish condition with the bonds market being up as well as the DXY being up. These factors already point to a more bearish global term perspective for SILVER. Now a major consideration is the local term as well as...
Hello There! Welcome to my new analysis about SILVER FUTURES on several timeframe perspectives. The SILVER FUTURES recently showed up with important pullbacks which moved on to test further remaining levels within the whole structure. From a market perspective the bonds market recently showed massive strength with T-bills emerging to form several higher highs...
The silver price is nearing the end of green wave 4, expected to conclude within the $22.90 to $23.62 target range. After this, a substantial decline is anticipated in the form of green wave 5, projecting a drop below the $22.14 support level. This decline will also mark the conclusion of the overarching orange wave iii. The target zone is suitable for short...
Silver is a precious metal that has long been valued for its versatility, beauty, and rarity. Its unique properties have made it an important material for both monetary and industrial uses. While silver is often overshadowed by gold in terms of investment appeal, it has its own unique investment potential that should not be overlooked. Based on the data from The...
Silver crossed today under the 1D MA200 for the first time since March 13th with the 1D technicals approaching a critical oversold level (RSI = 33.922, MACD = -0.337, ADX = 28.236). This confirms that the range from the 1D MA200 to the HL trendline is the Buy Zone of the long term Megaphone pattern. We are starting a long term series of buys today. If you seek...
Silver futures tried to jump unsuccessfully above the Mid channel line resistance but has been unsuccessful so far. Closing above 74324 will unleash a new bull run in Silver which might have resistances at 76341 and 78000+. The two resistances can also be considered next targets in case of closing over 74324. In case the mid channel line proves to be potent...
Ladies and Gentlemen, step right up and let the show begin! Please welcome silver, our brilliant artistic performer, in the arena that is our chart… See next: a somersault into the orange zone between $24.45 and $25.05 to finish wave iv in orange, followed by a brave downwards leap to complete wave v in orange as well as wave (a) in blue. Watch with bated breath...
Short limit at 24.155 and 24.420 Stop loss 24.800 Target 22.935
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
It’s getting tight! Silver hasn’t all that much room left to finish wave 4 in green… We expect it to make it in time, though, and to go for the resistance at $20.87 afterwards. Once above this mark, silver should push off into the orange zone between $22.11 and $23.72 to complete wave 5 in green as well as wave iii in orange, before starting a countermovement....
Atfter 11 years of bearish VWAP trends in silver... it has turned bullish and is testing. Silver is interesting as we sit in this "inflationary" environment. I say "inflationary" with quotes as we have a CRB index rising WITH the DXY. This hasn't occurred since the early 1970's and points more towards a supply issue vs. a monetary problem. Hence we see things...
Silver ending below 50 days EMA of 56557 is not a very good news for Silver enthusiasts. Final support for Silver might be near 55375. Below 55375 Silver may fall to 54202 or as low as 51899. Way up silver is looking little difficult as there are many resistances on the way up starting from 56557. Other resistance on the way up can be 58177 and 59580. If silver...
Quite peppily, silver has vaulted upwards, only to stop short in front of its next destination. Now, it should keep the pot boiling and take up speed anew to make it into the upper green zone between $20.12 and $20.70, where it should finish wave 3 in green. After a short counter movement into the lower green zone between $19.56 and $18.93, silver should continue...