COMEX..............👍
1 LAST FREE TRIAL CALL........TREND CHANGE........👍
Gold and Silver......100% CRASHED......in next few minutes.....👍
Before EUROPE/US Market Open----WAIT BELOW TGT1 IN NEXT FEW HOURS......👍
INTRADAY TRADING STRATEGY FOR GOLD AND SILVER......👍
Again Sell.....JUNE Gold.....2412.00-2417.00 range
SL 2430.00
Tgt1 2380.00
Tgt2 2350.00
Tgt3...
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.
Gold (June) / Silver (May)
Gold, yesterday’s close: Settled at 2348.4, down 14.0
Silver, yesterday’s close: Settled at 28.052, up 0.068
Yesterday’s warm CPI and weak 10-year auction paved the way for a much-needed consolidation day for Gold and Silver. Still, the precious metals complex battled valiantly, exuding bull market trends within the intraday...
Silver, the radiant gem of commodities, is currently on a thrilling journey, breaking records not seen in two years! Today's cash rate for silver hits an electrifying high at $27.334 , with its May future price following closely at $27.438 .
Highlight: From February 15th to April 4th, silver has surged with an astonishing movement of 25%, leaving traders and...
And guess what happened next to #silver after #gold broke out versus #inflation?
Reminder that #storylines and #narratives are land mines and traps for #traders.
Stay clear of them. Stick to the unbiased, objective evidence... #charts!
4.9.24 The gold and silver are trading higher with bullish price action for people who follow the metals they know that as the market goes higher the silver actually will make you more money than the gold depending on how you trade and your trade location. The problem with silver is that it is had a hard time trading above the 382 retracement... and there's...
We come back to the silver market where our previous article indicated a potential breakout. Now that we have seen a decisive break and close above previous major resistance, we have new hurdles to clear.
Drivers:
Partially fueled by the rally in the Gold market, silver prices have also witnessed a disconnect from traditional fundamentals such as tighter...
Silver, often considered the "poor man's gold," has been under scrutiny lately as it seems to lag behind its more illustrious counterpart. Traders and investors are closely monitoring silver's behavior relative to gold, seeking potential opportunities amidst this divergence. Let's delve into the technical analysis to discern potential trading...
Sliver Futures (SL1!): I am probably crazy to even look at this Quarerly chart.
However, it looks like it is going to break to the upside out of a huge 10-year old (?) cup-and-handle formation.
What if it is going to materialize? Are we looking at potential gains in silver as the traditional TA measurements show?
Is the chart indicating potential appreciation...
CAREFULLY using SLV calls to be on upside here. Shares of SLV might be a better bet; however, if you choose calls, expect volatility. In my opinion, it will be somewhat volatile until before reaching the target -- if it does.
Whenever gold prices are trending higher, it hints at trouble ahead. Historically, silver always catches up later. During past crises, when this happens, this “silver shift” is very fast and furious. Its magnitude for silver is much greater than that of gold.
Video discussion:
1. One key reason why silver is lagging behind for the time being
2. Why Gold and...
Silver smashing through multiple DARVAS levels on the weekly with momentum swinging upwards. If you need more reason to buy, I don't know what to tell you. Wave 3 up ladies and gents. Next stop $100.
After quick runup from 74500 to 78600, silver showing some overbought indicators and MFI at 15mt timeframe started giving negative divergence. Soon 30mt and 60 mt shall follow.
one can short silver at 78600 for T1 76500. SL at 78980
Happy Trading.
