🚨 🚨 🚨 #Gold is forming a Bearish Engulfing on the daily charts. Volume is almost there for a confirmation of the pattern. Money Flow is low. Overbought. Weekly we see Gold forming a doji = battle bulls & bears. #Silver is at a major resistance. This should be an interesting week... AMEX:GLD AMEX:GDX AMEX:GDXJ AMEX:SLV
I sold today. I believe this is about to get a beat down. I did not and won't be selling my physical. Down to $12 and up to $48??? NOT FINANCIAL ADVICE!!!
5000% THE BIG LONG AWAITED SILVER BULL IS HERE... Slow and steady wins the race. Every 20k from here is 1 milly... IN 37 YEARS 100k 5 milly... IN 37 YEARS 2061 before a major correction. There will be a couple 60% few year pauses. This market makes more sense to me nowadays than Bitcoin, or Stocks. Bitcoin and Stocks are speculative mania... Gold is...
IMHO Silver is the most laggard undervalued commodity there is. Since 1980 silver has been knocking on $50 a ceiling. And based around $4. It's been a quarter century. It's time... As you can clearly see Silver has been in a bullish channel for 225 years. Most of the ChARTable history spent on the bottom grind line of the channel. Silver is forming a...
As central banks around the world are losing their grip on baskets full of fiat currencies, real, tangible commodities like Gold, Silver, Platinum and Palladium are going to make an incredible run. There are three metals related to monetary systems throughout history: gold, silver and copper. So far we've seen gold pull ahead in the running, but soon silver will...
AMEX:SLV Silver Inverse Head & Shoulders Weekly Chart, The Inverse Head & Shoulders pattern is a bullish reversal pattern commonly observed in technical analysis. It typically consists of three troughs, with the middle trough (the head) being lower than the two surrounding troughs (the shoulders). This pattern suggests a reversal of a downward trend, with the...
The current thrust in Silver, with AMEX:SIVR as the proxy, has completed a massive inverted H&S on the weekly chart. It is important for Silver to consolidate these gains without providing the false breakouts this market is famous for.
Pour yourself a glass of Goldschläger and let's review the 12 steps before diving into this. 1. We admitted that we were powerless over the Fed -- that our balance sheet had become unmanageable. 2. Came to believe that a Power greater than our central bank could restore us to solvency. 3. Made a decision to turn our fiat over to the care of sound money, as we...
Silver is looking like it finally wants to break out! AMEX:SLV looks even better on the weekly chart! Monthly, looks okay. not great but that can change over time. This could be the beginning of a HUGE Squeeze!!! 2x would be nice and is possible this year. Have physical, AMEX:CEF , 2025 #silver call options.
The markets are really all about finding patterns and taking advantage of such forcefully. With Silver, the commercial producers and bullion banks tend to exert the most amount of market influence upon its price. The reason is that Silver is primarily an industrial metal sensitive to economic demands and also due to the fact that unlike gold, it is primarily mined...
Gold has broken out of a multi-year resistance to new all-time highs. Silver has been lagging Gold. It has started to move and should accelerate in its catch up once Silver future push through 26. I am long SLV as a proxy. Silver miners may also be a great play but I don't like the rise in energy prices, which could continue to be a headwind for them.
We know they have been playing games. I personally would buy physical and stand back from PAPER Silver. Can the silver gorillas return with strength?? NOT FINANCIAL ADVICE!!!
A no brainer buy low, sell high. Is Silver ever going to zero? No GLD has had a BIG breakout and SLV has not followed through (yet) the 100/200 sma on monthly support this trade and if your time horizon is long enough, I believe this position goes back up to the supply zone.
Good Morning Let's see how CRYPTOCAP:BTC handles this next resistance level. Currently it is above. Assets, not #Dollars! Where are can you put your hard earned $??? Into #equities with high PE's? Into #commercialrealestate? #BTC #Bitcoin #GOLD & #Silver as well as they have stood the test of time.
Silver has emerged as a resilient and attractive option for investors seeking refuge from economic uncertainties. As we delve into the intricate analysis of AMEX:SLV stock, it becomes apparent that the interplay between Treasury yields, the U.S. Dollar, and market sentiment is crucial in understanding the trajectory of silver prices. Treasury Yields and Dollar...
The Dawn of the Final ETF Approval Week - Everything will change. Bitcoin will obliterate Apple returns Bitcoin will obliterate SPY returns Bitcoin will obliterate Gold returns Bitcoin will obliterate Silver Returns Anything plugged into Bitcoin related or touching bitcoin will be rocket launched into an entire new global standard. I have come to the...
Silver seems to be setting up for a beating. Its forming a rising wedge, whos top aligns with a strong resistance. The rsi and macd are forming obvious bearish divergences. I believe that the light holiday liquidity, alongside the bearish setup, is a recipe for a beautiful buying opportunity
My reasoning of why silver will retest the 200 weekly. 1. The Dollar (DXY) is in a downtrend. I believe It is on its way to the 200 weekly moving average but before that happens I believe there will be a small rebound. 2. I believe the DXY is going to have a rebound as the daily RSI is nearly indicating oversold. 3.Silver is in a rising wedge pattern and it is...