We take this trade for long term signal
Prudent investors embrace volatility and know the price of Silver will go up over time ~ (Same holds true for SOME stocks and Cryptos)
Silver stacking is a lifestyle, real wealth that's passed through generations For the funs. (but true)
Silver just bounced off the daily and weekly pivot support, might see a good retracement here
Just an idea, how silver eventually will settle to historic gold vs silver ratio
Since reaching $30 and coming back down, XAG has been stuck in a beautiful technical structure. It bounced straight off of the long-term fib at around $26.15 before becoming range bound between the weekly support at around $26.85 and the recent 0.618 level at about $27.75. Last night after the market opened back up, XAG crashed back down to the long term fib at...
As said before and I will say it again, in the past months, Silver's trend and evolution is much clearer than Gold's As you can see from the chart, after reaching 22 on Thanksgiving week (1765 correspondent in Gold ), Silver has had a clear uptrend. More, last week's fall in Gold to 1760 has a 26.50 correspondent in Silver , being far from a drop and just a...
As said before and I will say it again, in the past months, Silver's trend and evolution clearer than Gold's And as you can see from the posted chart, after reaching 22 on Thanksgiving week (1765 correspondent in Gold), Silver has had a clear uptrend. More, last week's fall in Gold to 1760 has a 26.50 correspondent in Silver, being far from a drop and just a...
📌 ridethepig | Silver Slingshot Attacking the highs several times • The protecting sellers get in each other's way! • How to maintain the momentum • The birth of fresh strength • Reassessment as an invalidation Since after: The move has been very promising, buyers should, as has been emphasised a few times, have played the momentum trigger. What is the...
Silver keeps failing to rise over the 28 dollar mark. A drop back to previous support is now more probable. Do we expect Silver to break over 28$ eventually? The answer is yes but not while Nasdaq is dropping. That correlation is the key.
For myself looking back in the future. Been buying more here, even if i can see some bigger corrections happening before new price discovering.
I have been looking at XAGUSD vs XAGCAD, with the theory that the relative performance of the pairs could be a signal. In this scenario, CAD should be thought of as a proxy for commodities, of which Silver is just one. The USD is acting as a measure of the wider economy, and the role Silver plays in it. Starting with the long term then, some general notes. The...
Unlike Gold, Silver is in a clear uptrend, with the price putting in higher lows and higher highs since the beginning of December. The spike to 30 from the beginning of February is now corrected and XagUsd looks ready to resume it uptrend. At the time of writing Silver is trading at 27.55, just under 27.80 resistance and a break above resistance can lead to a new...
As I said in a lot of my previous analyzes, Silver is more bullish than Gold and although XauUsd lagged and stayed under 1900 and weel under its all-time high, XagUsd spiked to reach 30. As normal a correction followed and Siver dropped over 15% to 26. From a technical perspective, the structure remains strongly bullish and 26 is strong support at this point. My...