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!
As I said in a lot of my previous analyzes, Silver is more bullish than Gold and although XauUsd lagged and stayed under 1900 and weel under its all-time high, XagUsd spiked to reach 30. As normal a correction followed and Siver dropped over 15% to 26. From a technical perspective, the structure remains strongly bullish and 26 is strong support at this point. My...
My regular weekend charts update- clear and requires no explanation. Tomorrow will post a more detailed report. (The green bar is the price projection)
#SILVER WILL GO TO $50! (TEST OF CUP AND HANDLE)
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.
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...
Pin bar spotted on the weekly chart. Gold will follow silver up? Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
With the advent of physical supply dropping, and the seasonality and market fundamentals that favor silver, I think this TP selloff will reverse once it's done being rangebound.
✴ - 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...
- We are breaking out of out of a 40 year old cup and handle. - This is a pattern that is very familiar to me: The symmetrical wedge on the bull flag. - To me it signifies an accumulation/distribution/ascendance cycle and I have traded it to great effectiveness in PLTR and PSTG: - I believe that we are breaking out to make new ATH's, because of the strength...
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
Silver will be moving up soon and will be a great chance to make good profit
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....
Price is facing bullish pressure from our pivot, in line with our graphical swing low support, ascending trend line, 100% fibonacci extension and 38.2% fibonacci retracement where we could see a further upside above this level to our resistance level at 29.6899. Failure to hold above our pivot level at 28.0565 could see a swing towards our first support target at...
Chart for shits & giggles. First & last.
Last week, the opportunity for silver came true. Now the price is in a similar situation. After reaching $ 30 yesterday we saw a correction. We are now looking for its end for new entry opportunities. The expected resistance levels are in the area of the previous peak - 29.85 and in case of a breakthrough 30.82. Fundamental grounds provide opportunities for...