Believe me.
Fib , Trendbased Fib along with Dow theory and Elliott wave theory work to Razer perfection.
Every target has been achieved so far.
Follow me for more updates
Target 21.650
Silver will charge up with a C wave on 4hrly giving Fib based Fib target of 1
After having completed a A long term way, this will be retracement B wave and after touching 21.650, it's a sell. You can then enter a short position after trend line breakdowns
Studying the Elliott wave structure that silver has been following, the fib levels that is had tested recently and the bull rally that has been running in the 4 hrly.
This is what I call a boom boom buy 💥
XAUUSD- had a big down move on the London Session ; it is now in a triangle with trend lines drawn on the 15 minute chart.
The upper resistance trendline has held from far more touches than the support trendline below.
I conclude it is more or most likely, that XAUUSD will breakout from this triangle on a relatively lower time frame
with bearish continuation...
On H4, with the price moving within the descending trendline, below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 18.854, which is in line with the overlap support and 78.6% fibonacci retracement to the take profit at 18.232, which is in line with the previous swing lows. Alternatively, the price may rise to the stop loss at...
On H4, with the price moving within the descending trendline, below ichimoku cloud and the MACD indicators are below zero, we have a bearish bias that the price may drop from the sell entry at 18.919, which is in line with the overlap support and 78.6% fibonacci retracement to the take profit at 18.232, which is in line with the previous swing lows. Alternatively,...
Would look at any bounce as opportunities to go SHORT around 19.75
Put options on ETF - SLV
Broke below moving averages in downtrend
MACD Negative
HUGE divergence on MACD -BEARISH
Rising Rates
Slowing Economy - Recession
Demand Imploding
On H4, with the price breaking the descending trendline and below ichimoku cloud, we have a bearish bias that the price may drop from the sell entry at 19.641, which is in line with the 50% fibonacci retracement and swing low to the take profit at 18.881, where the overlap support and 78.6% fibonacci retracement are. Alternatively, the price may rise to the stop...
Possible rejection point. Strong resistance daily 50MA. Cutloss your position if any of 4H candles close above SL. Im not a signal service but I do my best to make you some money. Check my previous ideas to decide if you wish to trade my ideas.
Guys,
Beware of the fearful Bear which is back. Looks like SILVER is headed for further downside on LONG TERM charts.
Till the time we dont see silver traading above $21.5 .... we are headed into CORRECTION MODE.
I think people been wanting to buy Silver for a while now | 3rd touch of the trend line broken! Then quickly went up took a scalp down to this retest on the hour candle for a swing up! (Hopefully)
Strong movement from silver on the first day of the week, as it climbs almost 2 percent. We could see further gains. Not financial advice, just my opinion.
Currency.com 
