Turnaround dates (highs and lows) can be calculated in advance using our proprietary models. The turning dates have an average tolerance of about three trading days. In 80% of the cases it is even only two trading days. This gives us a very good directional filter in advance within our analysis methods, with which we have been working successfully for many...
Bearish flag - looking to sell Comments and/or suggestions highly appreciated:)
📊BUY XAGUSD 26.31 ⚖️RR 1:2 📌SL 25.00 ✅TP 27.09 ✅TP 28.00
Silver managed to get below the $27 level and is currently testing the support at $26.70. In case silver manages to settle below this level, it will head towards the next support at the 50 EMA at $26.45. RSI remains in the moderate territory, and there is plenty of room to gain additional downside momentum in case the right catalysts emerge. If silver declines...
Silver get manipulated once a month. I personally think it will not fall below 26 400 if it is not already on the way up again. I would consider buy now, keep for 1 or 2 weeks and sell. In my humble opinion you will make profit. For physical silver trading trade at pmstackers.com for 80% discount use promocode 'stormcup'
How long can they hide the inflation? What do you think about this chart?
The silver is finally ready for a rally. However, a small pullback is likely to take place, providing a good risk/reward opportunity.
This chart has been created for education & entertainment and this is not a trading advice.
I've made more direct notes on the chart. If the lines on the chart are broken we will see respective turns upwards or downwards. When we meet the cross-sections there will be more volatility. My overall analysis is bullish on longer term but the time estimates unless we see a larger move are in accord to the notes on the chart. But don't take my word for it, I'm...
The bear market has come, and the rebound has failed, which is not in line with the expectation of testing new highs again.
Following the development of the silver price since the hype some time ago it seems that we now from a technical analysis standpoint are the bottom of a longer term trend channel. From here on out my idea is that we will turn back climbing upwards towards the upper parts of the trend channel. But hey - I'm just a TA Noob, so don't take me all to serious.
Price is still on the support trendline and support zone and its showing good rejection which could mean that price is ready to consolidate. After that consolidation period, price should give us a clear direction. However price is in a ascending channel and has a higher probability of moving higher because thats the overall trend
The chart shows everything. We are waiting for the purchase at 26.05. Always be green.
I think Silver might be gonging through a cup and handle pattern and wedging now for a break out to the upside. Maybe a good hedge against yields rising and inflation. Disclaimer - I own stocks in a silver mining company on the asx and I am no expert at technical analysis.
Often times traders want to know if an instrument's price is going up or down. It's an expectation of some sort of prediction. The problem is that price could be going down on one time frame but up on another. How is that possible? It's just a matter of perspective. You could see price move down on a 1 minute time frame but that's not so important. Really -...