5.13.24 Looking for trades in the ES. possibly coffee. There's a chance that oil may move higher. Generally contracted markets are harder to trade than expanded markets... but some traders may feel there's less risk if they stick with the contracted markets... but this is probably not going to be a good way to trade because you want markets that really move...
Gold's breaking out months ahead versus inflation was giving us clues to what might eventually happen to silver. We know now. #gold #silver
Long long and long, long at price area 26.0 - 27.5, SL 26.2, TP 29.9
#Silver getting another shot at glory! All it has to do is end the month close to 30$ and the flood gates open... Sounds easy right?
🎯The chart is pretty self-explanatory as always! 🎯If I were you, I would keep an eye on this shiny metal. 🎯 With increasing turmoil over the globe, Precious metals are becoming lucrative. 🎯 Beautiful consolidation structures Share your thoughts below! ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions....
This is not to be taken as a trade. You may use it as part of your collection of 'research' before making your own decision, however. ------- These are explicitly the "best-case scenarios" near term. You can think of the red line as an increasing 'stop loss,' or better put, validation line. So long as the price is above the line, paths such as these are...
This 2 part video covers... - USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY - S&P500, NASDAQ, GOLD, SILVER, CRUDE OIL Thank you for viewing! Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! May profits be upon you.
Today could be the day silver finally blows. It's stalling at the previous high from the last run up now. If it breaks, things could get out of hand.
Fibonacci levels are mentioned in the chart. First target of 85K already hitting. Second target would be 95K. Third target would 1.2L. Massive run expected from 95K to 1.2L. For educational purpose only.
Silver has been trading traditional fib longs and and extensions in this big bull runup. However, we are very overextended, trading well in excess of big support over the past two days. We are also at a potential top in terms of it trend channel. The risk of a decline in silver is significant, and unlike gold which gives you a clue on the fifteen minutes charts,...
Today's silver futures are experiencing some pressure, reflecting a challenging day for the precious metal. Yesterday, there were outflows in the portfolio on June 25 from strikes of 32.5/35. Outflows of funds from the portfolio are partial and did not lead to the liquidation of the portfolio, which indicates the management of the portfolio in a negative...
5.9.24 I looked at the dollar, Gold AND silver. the ES... coffee....Natural gas
this candle needs to close month solidly (with minimal wick) above 28$ and convert that resistance into support 35$ is the next important resistance level
looking for some short trade in silver after such ,asssive move i am expecting a correction
Bias is Bullish. The reaction to news and world events was enough where there was no need for the +FVG to be mitigated before the rally. Lots of momentum in that move. All HTFs are bullish. Although we selll above highs as a general rule Expectations are for the DOL to be reached over the next week or so, as price grinds higher. For buyers, wait for...
K1 just break up the nearest highest price and the previous uptrend channel, Perhaps it is in an accelerating status. If the following candles consolidate here for days, It is still a potential good place to buy in. I think It is similar to XAU/USD and Copper/USD. They are in a status of long-term Bull Market. Long-31.1/Stop-30.6/Target-33.4
Gold (June) / Silver (July) Gold, yesterday’s close: Settled at 2394.9, up 35.0 Silver, yesterday’s close: Settled at 29.729, up 1.027 Gold futures secured the highest settlement since April 19th, while Silver took out its April high settlement and traded to the highest level since February 2021. Despite the underlying strength and a terrific week, one could...
Along with its cousin COMEX:GC1! Gold, is sharing similar characteristics of their respected moving averages as well as volume criteria needed to confirm upside potentials. With also an Inverse H&S on the chart, I have reasons to believe this precious metal price could increase