Making Silver great again .. Golden cross on the weekly .. HS on the Daily
Buy limit right above daily candle's high.
Hi everyone! Here is my view of how silver should gain its rightful position in the market. All points are proximate and displate as an estimate. So please do not trade following this idea. Just my though and my point of view. This one DXY will show its last breath in March 15, although Pentagon already sent another 500 troops to Syria and OPEC decision on ceasing...
Silver Strongly hold above 17 level again Trading on Strong support level if this time breaks 17 level we can see it toward 16.3-16 where if hold above 17 a upward move expected toward 181-18.5 Advice to buy in range o 17.45-17.1 SL 16.85 TP 18.2-18.5
Looks Bearish As i can clearly see bears selling at top and no sign of bulls here same for gold as well short at price around 18.050 is nice price as this is very expensive now and no one like to hold this trade on long side. Good luck Muze(xag/usd)
Selver just broke resistance, and did put a new higher high now. It is making a double top, that may can be the reason for a bounce down and retest of the broken structure. Will be looking at 17,200 area to go long. Like if you agree, follow and support!
Interesting point on the chart here. Trendline on the daily and then a bit of prior support/resistance. I am long physical as a longer-term play, but here we could see a pull back. Still long term bullish even with rates rising here in the US. Think current admin WANTS a weaker dollar...whether they get it or not is anyone's guess. The US is one of the only...
Dollar is Looking Weaker, Gold & Silver Breaking Out & SPX looking Weak
Looking for a long position on Silver for inverse H&S and breakout of downward channel
Here is a setup from one of the charting methods involving trendlines/SR, according to which, TVC:SILVER CMP : 17.061 Target : 17.848 SL : 16.781
16.26 level is important resistance for SILVER. I think we can be long above this level and target the next resistance (16.70) Our stoploss level must be below 15.70 level. Good Luck!
Long silver to $25. Bull divergence on the RSI. Silver is both an industrial metal, as well as safe haven.
Silver trading around months low if hold above 15.5 we can see toward 16.5-17 Advice buy in small range 15.8-15. sl below 15.4 TP 16.5-17
BUY SETUP TP 1 = 16.00 TP 2 = 16.40 TP 3 = 17.00 TP 4 = 18.00
Silver had dropped to yet another low at $15.85 levels on Thursday before bouncing higher. Please note that the metal is trading around $16.00/05 levels for now and it might be looking to test recent swing lows before turning higher again. The recent rally from $15.85 to $16.27 levels looks corrective and hence the trend might not have changed yet. Furthermore,...
As shown, Spot Silver on the daily chart is trading near crucial support at 15.85-16.00 (Horizontal support). Daily chart shows double positive divergence. Also, Dow theory sell confirmation would be only below 15.85. In a nutshell, as long as above 15.85, one should look for a reversal sign to go long with strict SL. Risk-reward looks awesome here!