Silver Bullish scenario, wave 3 in preparation 238$Silver is gaining momentum in bullish territory on the monthly chart.
All MA's are now acting in support which is really good. VWAP is also under which give great push on the upside.
Here are some projection for next Grand Cycle Wave 3
Based on last intermediate wave 2, the intermediate wave 3 can reach :
161.8% - 86.688$
261.8% - 133.092$ (my favorite choice)
361.8% - 179.496$
The Big view can bottom of Grand Cycle Wave 2 give us a clear path for W3 to :
161.8% - 86.688$
261.8% - 129.64$
361,8% - 178.288$
461,8% - 226.612$
Some upside strong indicators :
-Bullish Monthly KDJ
-Monthly RSI in bulls control
-5M chart bullish Stoch Rsi
-5M bullsih KDJ
-5M Bullish RSI
-Everything look good on daily, weekly chart-
-Weekly MACD gaining momentum
-Daily MACD Bullish-
-Pretty strong momentum Monthly MACD
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Silverprediction
Silver - Daily and 4H bullish scenario Here's the scenario I'm thinking of for Silver, it might drop a bit to the demand zone where there's a strong support on different timeframes, it also indicates to be overbought on the daily, macd is weak and stochastic want to decide.
Anyway, it might drop as I said or just continue to be bullish to target 29. But if it dropped I don't expect it to go under 200 ma (red moving average).
If none of the above scenarios happen then we got another demand zone as backup (22.5)
XAGUSD (SILVER) BUY !!! As i can see silver had break the triangle and now it retrace to support zone
i am buying this pair from support zone with a small risk and looking for huge rewards
silver is highly recommend a good equity to trade so small account hold stay away from this trade
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XAGUSD (SILVER) SELLING FROM RESISTANCE ZONE !!! As we can silver is still trading in range but on daily base it is rejecting from trend line
so we are still in sell till 22.28 if break that level then it can drop more till 19.00$ per ounce
its very tricky pair and highly required risk management small account is not a good idea to trade silver
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XAGUSD (SILVER) SELLING IN DIPS!!! As we can see it had break the triangle and most important level 23.00 also break
here is a great entry to get alote of pips on this trade with a small risk and higher rewards
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never take more then 3-5% risk against ur equity on any trade
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XAGUSD Silver Welcome back guys
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not Financial Advice.
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Previous 3 Months silver in a channel path you can see that in the graph, if not break the resistance red line on the channel, you can take the sell shot
SILVER
STOP LOSS 26.00
SELL LIMIT 25.40
TAKE PROFIT1 24.30
TAKE PROFIT2 23.30
TAKE PROFIT3 23.30
Good Luck,
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Enjoy The Trading Guys
SILVER - Daily - My Thoughts Before US ElectionsHello everyone, Andrew here, want to start with, This Is Not a Political Preference or statement. If you look at the chart, you'll see either party will take Gold to it's next all time high. For different reasons, Gold will react volatile to this next presidential election. The color of the route represents the political party, Red of course is the existing party and Blue, it's rivals.
The following is what I copied from my Gold Chart, word per word. Silver, will create new all time highs as well in time frame.
The path for each party is based on my personal feelings on how I think Wall Street will react, in turn affecting short term Gold prices. That said, investors find Gold as a safe haven for uncertainty in our economy. The reason I feel the Red route will see a dip is because Wall Street should react positive. Why will Wall Street react positive? Less uncertainty in the economy. Changing parties makes investors nerves.
Why do I think Gold is going to 2400 and higher? Gold will continue its current path, but, may see a large boost soon after the election. With US Civil War looming, Debt, Gold manipulation letup, Political agendas and Record Spending, Gold has a very bright future IMO.
Will Gold hit $2400 in my time frame? In my dreams? lol...
I am not an investment advisor, please do your own homework and seek professional help before investing, period.
Silver mini weekly viewHello everyone,
Silver is in a correction fedge since the august month. CMP is 62853 and almost on their dynamic resistance. We need to keep an eye on 65000. Will give a short term swing long on the breakout with 62000 stop loss. Target should be 69000/71000/75000 in the short or mid-term swing.
SILVER battling with 200 EMA in a rising channelSILVER
Silver is tend to move along with Gold but the daily moving range is higher than GOLD
Today the upside momentum has stopped by the Strong 200 Exponential moving average same as like the Gold.
We can expect short term rebound after reaching the lower side trend line and may move towards 200EMA. For the longer term bullish trend Silver has to break the trend line as well as the upside trend line
From my point of view it will fall after reaching the 200 EMA. if the lower side of the trend line was broken we can expect more number of sellers will come to move this metal below 22.000
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SILVER LONG POSITION/SILVER BUY SIGNAL
Hi guys,
We have solid position on silver.
* MACD DAILY BULLISH
* StochRSI DAILY BOTTOMED
* My view is that silver will after this strong pierce and selloff make attempt towards previous highs, drop again and continue to push since underpriced.
* Target on silver is 48$/OZ.
Having on mind position of S&P 500, DAX. FTSE and the other indexes, situation on stock market seems very shaky.
SPX is in front of WEEKLY BEARISH MACD CROSSOVER which will result collision of index as we could see in the chart
Apart from SPX, DAX seems even more shaky and i would suggest clearing stock positions and opening longs on metals (prefferably silver), since HH of gold should not surpass 57.000$ which is 10% at best comparing with silver which provides 218% return on investment (118% profit).
Money from stocks will move to precious metals and crypto section.
Appliance of silver from fundamental side is used in industry since all the batteries, fast chargers and so on could not behave as good conductior as silver, because it doesn't have "skin" effect like copper and it can endure big amperage which will be used in electrical car chargers (since gold is to expecive now).
Silver will be too, but still not
Usual ratio Au:Ag=20:1
Now is 70:1 in favor of gold (since gold made brakeout first
Once again, i find silver highly underpriced and will collision of stock exchange (WHICH IS IMMINENT) and certain as Tuesday after Monday, money will move into " store of value"
Good luck to everyone and happy silver holding.
Will pay off big time !!!
SILV price channel - Upward trend continuesNice upward trend trading in a price channel. There was some pre-earnings profit taking, this was before silver's one-day price drop, but it has resumed its upward trend. Looking like it will soon re-enter the price channel. This dip is a good buying opportunity and I added to my position today.
Silver Prediction for Spring 2020My prediction for silver is a rally which will last until Spring 2020 where it will hit the early $20's/oz. This is based on the pretty perfect technical breakout we saw a month back, which has now back tested and is preparing for the next leg higher. This is all happened while the gold/silver ratio is weakening quite dramatically relative to gold.
XAGUSD: Price Approaching Critical Zone. Watch for ReversalHi Traders,
Silver has yielded a textbook double-three expanding flat. The key fibonacci levels for wave X (1.05 - 1.38) have been respected and I'm therefore expecting price to reverse from within the golden zone (0.50 - 0.618). The golden zone in this case will be the zone where wave B retraces wave A. As such such, what we're looking to trade is wave C and the target is within the blue box between 15.60 and 14.93.
Regards
Wave Theorist
SLV XAG Silver - Stop loss update, long the dipI'm playing silver in a bullish macro trend, so I'm still long. However we could see a significant pullback, shaking out weak hands and traders before a higher high. Short traders could be right depending on the degree of retracement.
However I'm not looking to short. I'm looking to long the pullback.
Is SILVER run over? It appears that we are still in a massive bear channel and this was a bear market rally. Both TVC:GOLD and TVC:SILVER appear to be overbought. Silver is showing a massive weekly shooting star. Might see another leg up (within the channel)but then a decline to find another bottom. Looks like it got all the FOMOs out there. Unless we break out of this bear channel staying bearish.
Silver Buy & SellAs shown in the chart, i believe silver is on its C leg, could extend further into the blue area or just go up from here. My TP & Sell zones are only a rough idea of where i think market will touch before it goes back down again.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
Silver is almost ready for take offWhile gold has been rallying, silver has been silently consolidating getting ready for lift off....
Last daily candle close was a bullish engulfing, which makes me confident to long any retrace down to 14.650 region, stop loss below bullish engulfing candles low....






















