Silver has recently made an attempt to settle below the low end of the current trading range at the $27 level but failed to develop sufficient downside momentum and rebounded back above $27.00.
Silver has also tested the high end of the current $27.00 - $27.50 trading range but this test was not successful. If silver manages to settle above $27.50, it will...
Hayoooo . ( play theme song of Lone Ranger )
Tonto, ihts not Kansas again!
UPDATE.
spiking. after abusive decline. escapes Blue Ellipse, precipitates Peach Oval
New parabolic curves
Silver looking decent here in a possible count I have. retesting resistance soon and can see potential in some silver mining stocks. like AG and ASM.
Not sure if I like SLV or XAGUSD better for silver but trying this for now
not financial advice
It seems that my worry has not happened and the US stock market has not collapsed. Then silver is not expected to collapse. The current shape of the two red rectangles is so similar, like the arch. The first one rebounded between 1.618-2. This time, it may rebound as much. The shape and RSI are very similar, but the former is the daily level and the latter is the...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
SILVER is approaching support in green and brown trendline from H4 so we will be looking for trend-following buy setups on lower timeframes.
on H1: SILVER is forming a channel pattern in red but it is not valid yet so we will be waiting for a third swing high to form...
Price showing us possibilities of buying and selling opportunities. The falling wedge pattern increases odds of a long direction but lets see how price play out.
SILVER on the 4h chart after the strong bullish spike until the 30 level retraced below the resistance.
The market after a consolidation tested the support.
According to Plancton's strategy if the price will break below we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly...
if you Look at the eliptics there is same pattern which is completing. If it works we will see new rally for silver. Silver is very strong compared to gold weakness.
SILVER
Irrational , contra market , Corrupt.
and the boot on the neck of its own root
Contorting to kill it self , not the lefty demand, but by the gravity of the abuse.
CFTC. ? .. COMEX .. ROOTA .. LBMA .. Retail market .. Prospectus changes ..
Well, SILVER is not going to moon like the redditors and individual retail investors wanted it to. First, we had the fake break-out at $30, which immediately failed. Bulls attempted two recoveries when SILVER fell below $27 briefly, yet each time, the metal failed to maintain $28 as its base camp for the summit to $30 once again. Without clinging onto $30 (let...
Hi Traders
Silver Multi-Timeframe analysis
H1 CHART
A low probability, entry signal to go LONG was given at 27.118 after the market found support at 26.847 . Only the downward break of 26.847 would cancel the bullish scenario.
Support & Resistances
27.039 27.510
26.816 27.652
26.528 27.940
H4 CHART
A medium probability, entry signal to go LONG was...
