Double top. 100 weekly MA bear cross, last occured 2001. Major RSI Divergence on weekly. This is set for a major drop. Expecting Bitcoin, Silver, Gold to fly this year. Although BTC has the best thrust power.
Silver between 24.60 to 24.00 high demand zone for long. 18th January daily bar is key reversal bar indication for bullish momentum in silver ahead. May buy with small risk add more on dip by dividing risk on multiple trades. stop low below key reversal bar low.
First target is that point. And I expect exponentially increasing till 26.4. Good luck! That's only my expectations , please be aware of that :)) Thanks for keeping the feedback coming 👍 or 👎 Happy Trading! Stay Awesome!
Silver is currently at $24.75, it is an incredible price to go in and buy for the medium-long term. Its current fall is due to the appreciation of the dollar, which this week has appreciated considerably, causing both gold and silver to fall. This doesn't mean that we should be alarmed and think that this will continue, the EURUSD is currently in decline, however...
For my friend who asked for it. Here you go buddy.
Updated Small Chart. Increased possibility for higher levels.
I believe price is about to move up. If RSI close above 50 and 12period on MACD (blue line) crosses above the 26period (orange line), price can move quickly up to 26.05.
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...
IF SILVER CORRECTS as expected , ...PLAN to BUY LONG Short-Term = Short, .... Mid/Long-Term = LONG
If banks don't dunk on Silver Spot, we could be seeing a big move coming for the Silver Juniors in the coming weeks. Look for SILJ to post a higher low on RSI and stay above that channel. Strong volume on a green candle will go along way towards confirming.
Unlike Gold, Silver chart looks quite different. Despite the fact that it did rebound of the support, the price is probable to drop to 20usd before rebounding. This makes us prefer Gold at this stage. Yes, they do rise or drop together. We prefer to buy AGQ (ETF ProShares Ultra Silver). Trades like a share, no expiry, more controllable.
Silver looks bullish going into 2021 with a breakout to start the new year. With more stimulus and inflation coming silver could potentially test all time high. TVC:SILVER
Breakdown of my entry, SL, TP, and potential Scale In opportunities for Silver. For EDUCATIONAL purposes only. Any and all trades should be taken at individual's own risk.
SILVER BUY TP_35.490_28.70%_7.905pips_26.241_4.84_1.334pips
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...
Just like Gold, Silver also had a good start of the year with price breaking above pennant resistance and confirming its strong bullish trend. As it was normal, 27.50 offered resistance and I believe this is just a pit stop in this uptrend Yesterday Silver confirmed 26.80 as new support and I expect an acceleration to the upside once 27.50 is cleared For this...