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SLV

Inflation, and the coming SILVER PRICE EXPLOSION! 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 running it down with veracity! Good luck, and always use a stop-loss!
TVC:SILVERLong
by MetaShackle
$SLV Silver Inverse Head & Shoulders Weekly ChartAMEX: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 price likely to move higher after the formation is complete. Traders often look for a breakout above the neckline, which serves as confirmation of the pattern and a potential entry point for long positions. The pattern is considered invalidated if the price breaks below the lowest point of the pattern.
AMEX:SLVLong
by AlgoTradeAlert
Short Silver on COT Force PushThe 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 as a by-product through the mining of other metals such as copper, iron, aluminum, etc. If one can recognize the behavior of Silver once the commercial entities are starting to sell in larger then usual amounts, we can catch the downside action just as it starts to occur. In addition, the price action through the evident "force push" when the price is forced to a quick swing high and abruptly u-turned tends to signal that a price reversal is being confirmed. Today we have witnessed such event take place and we are now getting in position for an estimated $3+ decline in the price of silver in the coming weeks.
COMEX:SI1!Short
by kaotic363
Economic Uncertainty and the Allure of Physical Silver 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 Dynamics: At the forefront of silver's market dance is the 10-year U.S. Treasury yield, currently standing at 4.141%. Traditionally, higher yields bolster the U.S. Dollar, making silver more expensive in other currencies. However, recent silver performance has introduced a potential shift in this correlation, challenging conventional wisdom and prompting investors to question the metal's future direction. Key Questions for Silver Traders: The upcoming week poses critical questions for silver traders. Will silver's recent divergence from gold persist, or was it merely a momentary event driven by attractively low silver prices? The tone set by the Federal Reserve, particularly if it adopts a hawkish stance, could prove pivotal, potentially causing silver to relinquish its recent gains. Silver's Response to Economic Data: Intriguingly, silver has displayed a unique response to last week's economic reports, deviating from the well-trodden path of gold. This nuanced behavior indicates a more complex market sentiment towards silver, emphasizing the need for investors to stay attuned to the metal's independent movements. Short-Term Outlook and Federal Reserve Impact: In the short term, traders should brace for potential fluctuations in silver prices. While the market may continue to favor silver, the upcoming Federal Reserve meeting and comments from Fed Chair Jerome Powell will be decisive. A hawkish stance could trigger a sell-off in silver, undoing the gains from the previous week. Investing in Physical Silver: Against the backdrop of economic uncertainty, some investors find solace in owning physical silver, be it in the form of coins, bars, or bullion. Despite risks such as theft and storage, the convenience of online purchases from reputable dealers like APMEX or JM Bullion provides a viable option for those seeking tangible investments. Silver Stock Performance: With economic uncertainties lingering in 2024, silver prices have climbed back near 2023 highs, currently quoting at $22.90 per ounce, reflecting a 0.12% surge. The interest in silver and precious metals tends to rise in turbulent financial conditions or elevated inflation, prompting investors to evaluate whether current silver price levels present a buying opportunity or are poised for a pullback. Technical Outlook: The technical analysis of Silver Trust Ishares reveals positive investor sentiment, with prices reacting positively after breaking an inverse head and shoulders formation. A decisive break above $21.25 will signal further positivity, while a break on the opposite side may be a strong negative signal. The stock has already broken through resistance at $20.50, predicting a potential further rise. Conclusion: As investors navigate the complex terrain of silver investments in 2024, the confluence of Treasury yields, the U.S. Dollar dynamics, and Federal Reserve actions will shape the trajectory of silver prices. The metal's unique response to market dynamics and its resilience in the face of economic uncertainties make silver an intriguing option for those looking to diversify portfolios and hedge against inflation risks. However, the cautionary notes on physical silver ownership and the vigilance required in monitoring short-term fluctuations emphasize the need for a well-informed and strategic approach to silver investments in the current financial landscape.
AMEX:SLV
by DEXWireNews
Friendly Reminder You Don't Own Enough Bitcoin. 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 conclusion that smart money will enter this first being convinced of a new turning of the way we will live life in the next century meaning they will move first. At the $200,000 mark many will sell calling the top (you will know they're wrong due to zero on chain data proving this top) I suspect after $300,000 appears in a short period the first batch of doubters will start to enter the market. After $600,000 is breached there will be motions moving and outrage to shut Bitcoin down calling it the next "2009" the next Mortgage backed securities" (This will cause major short interest and major Puts following the consensus that this is a bubble and not a supply shock) Reaching the $1,500,000 people short and call writers will be entering margin call territory. Remember the hard critics of Bitcoin who will give in around the $1,500,000 - $2,500,000 mark over the next years, this will mark the start of the extended bear market. So the question is do you own enough Bitcoin?
INDEX:BTCUSDLong
by FederalXBT
1
Is Silver going to test the 200 weekly?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 nearing overbought territory on the daily RSI. This is just me hoping. I'd really like to see a retest of the 200 weekly for an entry into silver again and off we go to a Christmas bull run. =)
TVC:SILVER
by cerveloist
5
$SLV Inverse Head & Shoulders Pattern ### Technical Analysis Overview: Silver SLV ETF - Inverse Head and Shoulders Pattern Investors and traders focusing on technical analysis are currently observing a significant development in the Silver SLV ETF stock chart. The chart exhibits an inverse head and shoulders pattern, a formation that is often indicative of a potential bullish reversal in the market. #### Understanding the Inverse Head and Shoulders Pattern The inverse head and shoulders pattern is recognized as a reliable reversal pattern in technical analysis, typically occurring at the end of a downtrend. The pattern comprises three troughs: 1. **The Left Shoulder**: The first trough, representing an initial low point. 2. **The Head**: A deeper low, forming the middle trough. 3. **The Right Shoulder**: A subsequent shallower low, forming the final trough. This formation is considered 'inverse' because it is the opposite of the traditional head and shoulders pattern, which is typically seen at the end of an uptrend. #### Implications for the Silver SLV ETF In the case of the Silver SLV ETF, the completion of this inverse head and shoulders pattern suggests a possible change in the overall trend from bearish to bullish. The key moment in confirming this pattern is a break above the trend line that connects the highs of the formation - often referred to as the 'neckline'. #### Critical Observations for Confirmation - **Break above the Neckline**: For the pattern to be confirmed, the price of the Silver SLV ETF needs to break above the down-sloping trend line connecting the peaks of the pattern. This breakout is typically accompanied by an increase in trading volume, lending further credibility to the pattern's validity. - **Sustained Momentum Post-Breakout**: After the breakout, it is crucial to observe whether the price can maintain its upward momentum or if it reverts below the neckline, which could invalidate the bullish signal. - **Target Projections**: Upon confirmation, the inverse head and shoulders pattern allows for price target projections. The height of the head from the neckline can be applied above the neckline to estimate a potential upward move. #### Considerations for Investors For investors and traders who rely on technical analysis, the inverse head and shoulders pattern on the Silver SLV ETF chart provides a framework for making decisions. A confirmed breakout above the neckline could be interpreted as a buying signal, while caution is advised if the pattern fails to confirm. It's important to note that while technical patterns like the inverse head and shoulders can provide insights, they should be considered alongside other technical indicators and market fundamentals to form a comprehensive investment strategy.
AMEX:SLVLong
by AlgoTradeAlert
Gold - Fade a The Short Squeeze RallyThe marketing team behind gold and silver are always telling dumb and dead money that they should "hedge" against a "collapsing US Petrodollar" during times of global instability by being long on metals. The trade rarely works out. Gold and silver not only routinely follow the equities markets straight to Hell, but tend to get dumped during the start of new index impulse swings. This rally while the SPX gave up its 5% rally is actually a significant anomaly. But if the propaganda never, ever worked out, the propaganda would stop working and the marketing team would be out of a job. And that more or less sums up a 10% monthly rally on gold that's killed short sellers who wanted to comfortably ride a trend down. You can see on the monthly that this price action is just more ranging, more wick plays, and there's a notable unbalanced gap under $1,800. It's really important to keep a cool head as a goldbug, especially under the condition where the establishment media is reporting that Xi Jinping and the Chinese Communist Party is long several hundred tonnes worth of gold. The CCP is collapsing and everything that is going on in the world has to do with the various members of the CCP around the world, who are not of the Chinese race, scrambling to bury their skeletons while also trying to ensure they can take control of the country when the regime falls. And because of that, there's no reason to believe that a CCP that is desperately selling US Treasuries (see: Santiago Capital) for USD is going to be allowed to go plussy plus greeny green on its deeply deep goldy gold position. What hangs over the head of everyone on this planet is the Party's 24-year persecution of Falun Dafa's 100 million students and Disciples, a sin committed by former Chairman Jiang Zemin on July 20, 1999, that has even had the audacity to commit the unprecedented crime of live organ harvesting. Keep your distance from and wash your hands from anything related to the CCP, including the western factions that have become a particle of the Party swearing Marxist vows in Shanghai. So, here's the trade. Doesn't matter if gold takes $2,015. It's not the right overall timing for a new rally to $2,200. Instead, either go short, or wait for gold to trade under $1,800 again. There's no reason to believe gold is a new bull market until longs have been ruthlessly violated. There's no reason to believe metals are going to rally as a hedge during an international war or a major equity sell off, or a major equity rally lol.
COMEX:GC1!Short
by LordWrymouth
7