ISHARES SILVER TRUST ISHARES

AMEX

SLV

The chart speaks for itself. I'm glad I went long when I did. The rise of Gold, Silver, and yes Bitcoin, is a sign of a failing fiat currency system. Think about it. (My Previous SLV post)

Is anybody into precious metals? I am. I have been for years. I just put on some SLV today. The double bottom on the weekly and the falling wedge looks like it's time to go long. Normally I may not even bother because it has been such a slow mover for quite some time but as the stock markets continue to deteriorate and crypto continues to climb I think it is...

A little lower on SLV to 13.35 might be a good area to close shorts and go long.

Bottom doji came out the bottom somewhat, and then it popped back in the wedge, still waiting.

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Feel free to scroll through some of my older Elliot wave counts of Bitcoin, and you'll notice that SLV's count is about as similar as it gets! I'll be curious to see if the pattern continues!

Have shares of this, imo in order to gain good momentum, needs to bounce above the $15 mark.

consolidating well. watching for price break out of the wedge. two entry options with 16 target $SILJ $SHNY $GLD

Two important trend lines intersecting, expecting some large volatility in coming weeks

Silver in bullish falling wedge formation. Sitting at support as well.

slv : wait for some corrective structure and bang in this will go higher my target is 15-.50-16 and above

Silver appears to be headed back toward its major support at $13.00, from where it will likely bounce and continue in its current consolidation pattern...until it doesn't. Currently trading at $14.09.

Look at the chart....

slv reversals coming up watch for hourly flag to confirm new uptrend...I will be loading up

Holding 14.69 today (Wednesday's close) may lead to an explosive breakout in the next two weeks

All long-looking indicators point to silver being undervalued vs gold . Top chart shows silver candlesticks vs gold red line as percentage returns since 2006 in the case of these investment trusts. Middle indicator is the Trader's Dynamic Index ( TDI ) which holds a combination of moving average, volatility and momentum trends. Bottom indicator is the infamous...

Looking at the daily chart for Silver, we can see a solid push from the $13.11 range in November to over $15 in February. However, since hitting strong overhead resistance this run appears to be losing steam. The ADX which measures the strength of the trend appears to have double topped. The MACD is showing bearish divergence as well. There is still a chance for...

Monthly Model suggests major low in precious metals is years away - Dec 2020 brschultz / markettimer777