Silver has been trading traditional fib longs and and extensions in this big bull runup. However, we are very overextended, trading well in excess of big support over the past two days. We are also at a potential top in terms of it trend channel. The risk of a decline in silver is significant, and unlike gold which gives you a clue on the fifteen minutes charts,...
Gold's breaking out months ahead versus inflation was giving us clues to what might eventually happen to silver. We know now. #gold #silver
This is not to be taken as a trade. You may use it as part of your collection of 'research' before making your own decision, however. ------- These are explicitly the "best-case scenarios" near term. You can think of the red line as an increasing 'stop loss,' or better put, validation line. So long as the price is above the line, paths such as these are...
#Silver getting another shot at glory! All it has to do is end the month close to 30$ and the flood gates open... Sounds easy right?
Gold (June) / Silver (July) Gold, yesterday’s close: Settled at 2394.9, up 35.0 Silver, yesterday’s close: Settled at 29.729, up 1.027 Gold futures secured the highest settlement since April 19th, while Silver took out its April high settlement and traded to the highest level since February 2021. Despite the underlying strength and a terrific week, one could...
🎯The chart is pretty self-explanatory as always! 🎯If I were you, I would keep an eye on this shiny metal. 🎯 With increasing turmoil over the globe, Precious metals are becoming lucrative. 🎯 Beautiful consolidation structures Share your thoughts below! ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions....
Long long and long, long at price area 26.0 - 27.5, SL 26.2, TP 29.9
I think you have until the end of June before under $30 silver is never seen again... This looks like the most probable path IMHO... I unloaded my paper silver... Still accumulating physical.
Along with its cousin COMEX:GC1! Gold, is sharing similar characteristics of their respected moving averages as well as volume criteria needed to confirm upside potentials. With also an Inverse H&S on the chart, I have reasons to believe this precious metal price could increase
Today could be the day silver finally blows. It's stalling at the previous high from the last run up now. If it breaks, things could get out of hand.
If you are trading Silver, you need to see this video. Be prepared for a sideways melt-up in Silver while the dual Flags play out. Gold will likely move more aggressively than Silver. But Silver will give you two or three opportunities to buy into the lows. Pay attention.
5.13.24 Looking for trades in the ES. possibly coffee. There's a chance that oil may move higher. Generally contracted markets are harder to trade than expanded markets... but some traders may feel there's less risk if they stick with the contracted markets... but this is probably not going to be a good way to trade because you want markets that really move...
LITTLE CORRECTION OF THE LAST SILVER TRADE ? IF YOU'RE INVESTOR OR HEDGE FUND PLS COLLAB
Today's silver futures are experiencing some pressure, reflecting a challenging day for the precious metal. Yesterday, there were outflows in the portfolio on June 25 from strikes of 32.5/35. Outflows of funds from the portfolio are partial and did not lead to the liquidation of the portfolio, which indicates the management of the portfolio in a negative...
silver on multiyear breakout, it has succesfully crossed 800000 level , tetested and now up again for 120000 target. chart is making inverse head and shoulder pattern
5.9.24 I looked at the dollar, Gold AND silver. the ES... coffee....Natural gas
I revisited silver futures lately and noticed a double three wave pattern unfolding since Sept 2021 as the 'B' wave. We can break down this 'B' corrective wave as a W-X-Y wave, with W as a flat, X as a contracting triangle and Y as a single zigzag. I believe this B corrective wave for silver is completed and it should be on the path of an impulsive 'c' wave with...