Good risk/rewards. Back testing the break of he major downward sloping resistant line.
All in the video. I believe silver target could reach 40 as a completion of a large ABC structure. Gold/SIlver ratio likely drops to 50.
Roll up your sleeves and get to work on your order flow reading skills! This market is providing opportunities based on the right interpretation of the order flow script like few times I’ve seen… Don’t trust me? Watch the video and judge by yourself. In my last video it was gold, so this time is the turn of the younger brother silver. This one has got a...
The History of the Gold-Silver Ratio Citation: www.investopedia.com Historically, the gold-silver ratio has only evidenced substantial fluctuation since just before the beginning of the 20th century. For hundreds of years prior to that time, the ratio, often set by governments for purposes of monetary stability, was fairly steady. The Roman Empire...
An overview of the markets I often cover. Dollar should pull back lifting just about everything, Wheat may have to retest 800, Bonds ABC continues to 120's, Dax (germany index) looks interesting at support and may be hinting at a larger bounce in world markets. Good luck!
Large speculators in silver hold a large short position. Net short positions in silver are rare and typically occur near a major low in the silver price. -Jamie
We've all been watching Gold/Silver - waiting for the next big move. I think we've hit the bottom RIGHT NOW. FEAR is going to build over the end of the year as global market concerns continue to elevate. Gold & Silver should continue to rally higher off this Quintuple-Bottom level - or break downward if the Fed is able to navigate a soft landing. Either way,...
Silver tested it's main support and breakup candle this week with weekly bullish divergence. RSI near the weekly lows again. So far this level looks like it will hold it - bullish. My Gold/Silver ratio chart reached the target (see analysis below). I think Silver can be a big surprise here, and gold/silver ratio will now start making it's way down to 60 or mid...
Looking back at silver over the last decade reveals a very significant trend. Note the resistance peaks and where silver crawled around in the dirt for years and years. In 2020-21 silver broke out of that trend only to come all the way back down the touch the trend.. right now. Is the old ceiling the new floor? It very well could be. It is my opinion that...
Silver looks to be forming a bottom and is currently beginning the bullish CD leg of either a bearish Gartley or Crab Pattern. It meets the criteria for both so far. This interpretation is further reinforced by the completion of a clear five wave structure down, ending in July. I'm setting a tight stoploss as there shouldn't be much more downside if either of...
Chart posted is now labeled with the ALT wave B top we should now see a very sharp break in a C wave down this should now cause the sp 500 to rally one last move up and we should see gold silver rip to the up side
Would look at any bounce as opportunities to go SHORT around 19.75 Put options on ETF - SLV Broke below moving averages in downtrend MACD Negative HUGE divergence on MACD -BEARISH Rising Rates Slowing Economy - Recession Demand Imploding
In this update we review the recent price action in the Silver futures contract and identify the next high probability trade locations and price objectives to target
Many traders believe the current setup in Gold/Silver is similar to 2018 or 2015. But the reality is this is more similar to 1999~2003 with a strong US Dollar and weakening global currencies. As long as Gold/Silver continue to strengthen while the US Dollar stays strong, foreign currencies will weaken and wreak havoc on foreign markets. Eventually, the risk...
We are at almost 200% regular volume in the Futures market and is completely divergent - that said JP MORGAIN $JPM can do whatever they want - as they control the silver market. Gold is at 130% of reg volume BTW. They blue and white lines in the RSI are indicting the increase of volume. This kind of volume is NOT common - while were moving up - we're being...
Before we head further down south, the silver price should recover more clearly and rise in the green target zone between $18.94 - $19.99. From there, we expect the last bearish push into the orange zone below.
We should have support near 1650 area as that has been heavy support since early 2020. Expecting a bounce back up close to 1800. Hi Ho Silver should outperform to the upside. Good luck!
While many people have started to turn bullish on $SLV, stating it's undervalued (which it very well may be), looking at the chart tells a different story. If you zoom out, SLV looks to be correcting still. I see three possibilities in price action from here, and all lead to lower prices in $SLV. While there may be a squeeze higher in the short term, I can't...