Silver Medium Term viewAs described in chart drawing I feel silver has retraced to a support I understand. If my hypothesis is correct, then silver may give a decent bounce on long side.Longby AMGO_Markets2
Silver should be a long trade2.5.21 Review of dxy and gold. Silver should be a good long trade.20:00by ScottBogatin13
Silver on Bull RUN retracementSilver is poised to take the lead now while forming W pattern and taking support at high volume traded price zoneLongby Pivotal_Traders1
#SILVER WILL GO TO $50! (TEST OF CUP AND HANDLE)#SILVER WILL GO TO $50! (TEST OF CUP AND HANDLE)Longby maxlove0
Silver - Will the Dimond Hands Hold?Should see some support overnight here. Stay long - show them where the real money is. #PeoplesMoneyLongby leamur247Updated 2
🥈Is the silver squeeze over? Things to look out forIf silver cannot break out of this bear flag to the upside, $25 seems likely leaving the people who bought in the #silversqueeze trapped, if trapped sellers rush to the exit and sell, price can waterfall down to $22-19 making it a great buy area to go long. For a valid breakout, we should re-test the gap and it should act as support, in this example it has failed. For bulls to take control they need to break out of this bear-flag and quickly recover $30. With the dollar rallying along with UST10 year, lower seems the path of least resistance for now. by BangkokCharts4
SILVER FUTURES - 12H ANALYSISHere is my EW count for silver futures on 8H candles. This is a bearish scenario having us in a complex wxy correction. WXY corrections are sideways by nature with each wave sub divisible into either a 3 wave corrective structure, or a 5 wave triangle corrective pattern. In our wave W we had a regular flat correction , we had a complex WXY in wave X, and following rule of alternation is it likely that we see a zigzag structure in wave Y. Although it is also possible we see a flat or triangle correction. Also check out my PAAS count which is a gold / silver stock and my gold futures count which align with this count for silver , backing up the bearish scenario. Shortby CathartesCapitalUpdated 1
Will Silver test the bottom of its range?There has been a lot of talk of Silver lately. At the moment, Silver is interesting because it has pushed up through the middle of its range and volume has picked up. Follow the flow. It did sell-off after the push through 27.395 but that strong sell-off was stopped above 26.15. I consider 26.15 the value area, above it, we are above value and below it, we are undervalued. Below 26.15 is where many anchored VWAPs are coming together. The area below 26.15 has my attention because if we look at MACD and ZRev and if we want another thrust up to test the 180 day top of the range, below the 26.15 area might be our launchpad. Am I a buyer today of Silver? Not today. Will we go up to the Fibonacci retracement then back to down below 26.15 to the launchpad? I don't know but I do know I am looking for a value below 26.15 and if momentum picks up, with a bullish MACD crossover under 0, I will consider it. I will be looking for flow, momentum, and value. If I can get all 3, it's a trade worth considering.Longby DanteBouzas0
Silver so hot, it burned...Some profited, some burnt, in Silver's >10% surge earlier this week, and then a sudden flash crash of sorts. what is worse, is that it is telling us that there is a lot of sell presuure higher up, and now it would probably look for the downside support of about 22.50by Auguraltrader2
Silver Failed H&S ?silver has lot of attention lately. from my point of view - looks like failed H&S pattern and in past days theres very high trading volumes - usually high volume leads to new trends or it's "stopping volume" by Mywayoftrading221
Seems support will be cutIt seems #MCX sideways going to start again between 71600 to 68700. Disclaimer : Please trade with your own and comfortable ideas.by jothimageswariUpdated 0
Silver2.2.21 Silver : analysis for the market dynamics, and then I framed it to look for a long trade. It is near enough to where I would start looking for buyers.Long18:55by ScottBogatin229
Silver Futures strong open, target 34Silver futures starting off strong at the open of the futures session, up roughly 6%. So far, looking for a hold above the previous high earlier in the year, and then ultimately breaking above the August highs we saw in 2020. Disclaimer: The proceeding content is informational only and based on information available when created. It is not an offer or a solicitation nor is it tax or legal advice. It does not consider your financial circumstances and objectives and may not be suitable for you. Copyright Rohan Karunaratne 2021Longby UnknownUnicorn4017959Updated 8
0 to 100… Real Quick! ⚡Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏 Now, it is important that the price does not fall below $28.10. In that case, we will see the price rising above $33. After reaching this mark, we can expect a corrective movement. Stay trading!by MarketIntel1