Breakout Or Breakdown can be happen today in Silvermic. Mostly Breakdown
Quite peppily, silver has vaulted upwards, only to stop short in front of its next destination. Now, it should keep the pot boiling and take up speed anew to make it into the upper green zone between $20.12 and $20.70, where it should finish wave 3 in green. After a short counter movement into the lower green zone between $19.56 and $18.93, silver should continue...
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
Silver has been in a downward range since the March highs, and is now showing some life to the upside, breaking through the 50-day moving average. We hit a fresh low near 17.50 and were in oversold territory, and since then the market has melted to the upside through strong resistance. Silver still has a ways to go to recoup the losses on the year, still down...
Silver is clear in the bearish trend . Price action made a complex pullback. IF the market make a false break the resistance level then we can sell it from confluence level. A false break is a great signal and opportunity for a trend continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
HELLO GUYS THIS MY IDEA 💡ABOUT SL1 is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
For the early part of the decade, 18 was a price ceiling on silver. Since the peak at 50 this century has never been support. will it finally hold?
Silver metals are far below the all time highs near $50. Cpi is high and inflation is an issue. What gives? Can the shiny white metal even stop bleeding or is it going to test lower lows due rate hikes, fuels costs, and slowing economic conditions?
Forming a flag on the charts. SL below lower trendline. Can Target 100k plus is quick time if it break over the upper trendline
One of the most dangerous things about what is going on in the world today, and thereby the markets, is that the middle and lower classes of society are being directly targeted. There are different forms that the Marxist principle of "Redistribution of Wealth" takes. Decades ago, it took the form of the "scum of society" being mobilized by the Communist Party...
When the commercials (large users of Silver, e.g. Solar Panel manufacturers) get close to net long Silver Futures, it often signals we're close to a bottom
Seems like silver is going to go down further. Watch the Gold Silver Ratio to see how it is playing out. Recession fears will drive down Silver further. If silver breaks the 50,000 mark, it will head towards 45,000.
arrow target achieved in 20 min book profits or carry with trailing
stop below 54850 holding ground for a short period of time
broken down today finally buy the dip starts in silver from 17.50 my yesterday published idea for silver just have a look happy trading only if it was this easy
start ur sips in silver u won't regret it just keep an eye on the marked area it is of too much importance happy trading only if oil was this easy
It is rising wage pattern a bearish continuation pattern. Most probablity is to break down side and continue bearish trend.