ISHARES SILVER TRUST

SLV NYSE ARCA & MKT

lahirisoumit

With the election and fear and intelligence both approaching, smart money will pull out of markets or transfer it into Silver or Gold, two symbolic gestures. With some options activity scanning, these are my predicted lines on Silver.

BobbySpa

Let's see if this holds. Fib at 23.54. Need some follow thru on volume.

WadeYendall

SLV still on watch. See previous post. Silver an gold catching a bid in the overnight session so we'll see where it opens tomorrow. I like it above the box for move into dotted line targets.

MsTraderPro

over 23.5 we can potentially see some 1000% returns on the weekly calls , again ;) patience !

ElliottWaveBelgium

The wave count suggests we should see one more push lower to finish a 5 waves drop as part of wave (c) of higher degree wave ((iv)). A drop below 21.60 could get things on track and we finally could see price drop for fifth wave.

WilliamFreelander

Published: OCtober 6, 2020

flippedman

This correction has certainly been difficult to deal with. I've outlined two possible scenarios, though I lean more towards the bearish one. If SLV breaks the multi-month (magenta-colored) support line, I'd say we're heading down towards th e~$17.50 level where there is also a volume-defined base. However, if the support holds, we could get a "W" shaped ST...

london55555

Title says it all - looking for the GAP TO FILL at $18 or so before the rocket takes off to $40 plus #stocks #SLV #Silver

BushraHadiAlsayed

n/a

BobbySpa

Gap fill!

WadeYendall

SLV broke out of a 2 week base/consolidation. Could get some momentum going here. Like it long as long as it stays above the box.

abhimani

AMEX:SLV Expecting some trouble ahead at $24.24 but once we clear that, we should re-test $27. MACD crossing over and curling back up points to bullish momentum. None of the content published constitutes a recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Information...

NaughtyPines

... for .48/contract. Notes: Selling some more SLV (30-day at 47.7%), as well as collating my "ladder" into a single post. Will add in a December monthly "rung" once that becomes available, assuming the volatility hangs in there. Collected 1.74/contract in total. Here's the way I look at this trade relative to one put on in GLD: Currently, GLD is trading at...

00:34

cryptowaveman

still bullish. target similar. Want to stay above ~$22

jasperpf

very reactive to DXY strenght and overall risk More inclined to retest of highs than lows.. but we will see! Positioning according to levels

Three-Bull-Insight

#SLV #GLD Caught the bullish trend lines out of a break to the downside from the triangle pattern. Looking for either a break to the upside or downside. Keep an eye on the #DXY. An increase in the value of the dollar will put pressure on all assets including gold, silver, stocks etc

StormShadowTrades

We have a strong dynamic support within this rising channel and we are now at confluence of my three major MA's. Entry signal firing. Let's see how big of a run it goes on

hanzhao311

Closed at just at the trend line and a major confluence point. The trend is clearly down from the 8 hour view. RSI just broke up trend giving a big warning sign. RSI trend breaking is normally a LEADING indicator which could mean trend line break for the price line. SInce this is 8 hour chart it would carry more weight for sure. Disclaimer, this is only...