The SOLID GREEN LINE will provide a historical support for SILVER. But also if you see the SOLID BALCK LINE around $30 may act as a resistance line. Also the DOTTED GREEN AND RED line is a possible channel trading in coming days/months. Silver is a overall BUY for next few months.
Dear Community, today we are presenting you a pretty nice buy setup for Silver, which, in all fairness looks quite promising. However, this is the third take on Silver so we emphasize that there is a chance that we won't get it right this time either - but, third time lucky as they say! Strong Reversal In A Bulish Market The direction has been bullish all the...
Mkt in bullish trend. As long as bulls hold above the 14.80 invalidation area expectation is a test of 18.25 resistance zone. Mkt is currently retracing towards 16.00 broken resistance zone which is likely to now become support. A bullish trend continuation setup is forming offering traders a 1.5:1 reward to risk if entering long at beginning of support...
$AG and $SLV are doing excellent. $GPL is currently the weakest performer of this up-trend. But, look at this rocket ship. Been unloading on the rallies and re-loading on the dips. Might be time to start scaling out soon.
#SILVER Expose a Up trend, in Weekly and monthly charts. I espect the break up and the new high income. $18.200 Target #1 $18.500Target #2
Silver is trying to break above the Inverse S/H/S bottoms neckline near 18.00 and more importantly above resistance at 18.51. If the later is broken too, then a rally towards the measured S/H/S target at 22.94 should be expected as a minimum, but this rally could easily extend higher towards 25.10. The Inverse S/H/S neckline at 18.00 will now shift from...
Eliott Wave Entering wave 3 or wave 5 of the complete basic wave pattern Silver Hello good afternoon traders, i used the Fibonacci retracement tool to help me understand the retracements on this chart. After Wave 2, the Market continued to sell. Wave 2 ( a corrective structure ) is correcting Wave 1 and the Fibonacci retracement shows that clearly. It...
Wait for buy probably there is small regulation.lm waiting 15.650 www.forexerer.com
Awaiting next impulse move to the upside. Bearish momentum of the corrective structure seems to be dying, so the start of the next impulse is just around the corner. However there is possibility of another wave down to complete a triple three pattern. Nonetheless the plan is to buy any pullback.
I am looking for a break with a small correction to take a further long position. We may have finished a 3 wave a-b-c or there may be another leg down for a d-e. I am leaning towards the d-e pattern. Regardless I need a break above to get involved.
On Monthly Chart Silver Looking Nice To Buy Because Of The Downward Channel Or Wedge Breakout Reasons To Buy Downward Wedge Breakout Possible Reversal Onto Bullish Direction Pullback To Entry Point Nice Time To Add Onto Position Upper Trendline Breakout With Bullish Volume Bullish Divergence @ The Bottom Silver Bullish Is All Over The News Indicators Are...
I am expecting a Drop on H4 Due to Following Reasons Symetrical Triangle Breakout Upward Rejection High Volume H4 Short Does not Gonna Affect Monthly Silver Gains Consolidating at this area for a long time Let us see how this trade goes
Silver currently trading near the level of 16.25, If Silver holds above the level of 16.42 which is the 100 days MA we short for a short term upsurge very quick to the level of 20.70. Currently facing the resistance zone of 16.42. Any close above it shall see a rocket to the above said levels.
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :) With the history of miners leading the commodity in moves, I'm expecting gold to make a move higher (see GDX charts): - We again have the bull flag being made, with any bearish attempt to...
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :) I was expecting it to retrace down to the 17 area to "fill the gap" Instead it created a bull flag / pennant , and then in 3 days , broke out of our channel and above price action All very...
SILVER is expected to RISE now. * To Rise and come near 15.47 levels * Stoch RSI (3,3,14,Close) is Rising. * RSI (14,CLOSE) is Rising. * CCI (20,CLOSE) is Rising. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :15.29, SL: 15.24, TGT 01: 15.42, TGT 02: 15.47, TGT 03: 15.64. The...
SILVER is expected to RISE now. * To Rise and come near 17776 levels * Stoch RSI (3,3,14,Close) is SINKING. * RSI (14,CLOSE) is SINKING. * CCI (20,CLOSE) is SINKING. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :15.68, SL: 15.43, TGT 01:16.73. The view expressed here is on...
SILVER is expected to RISE now. The reason why we feel SILVER may Rise. * To Rise and come near 16.3 levels * Stoch RSI (3,3,14,Close) is Rising. * RSI (14,CLOSE) is Rising. * CCI (20,CLOSE) is Sinking.. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Long above: 15.96, SL:15.87, Tgt...