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GOLD-SILVER

Looks like silver is about to make a large up move.Silver closed strongly this week, however that is not surprising. All 4 cycles are up - the large cycle, the medium term cycle, the daily cycle and the hourly cycle. At the same time, silver with about 6 hours left of trading yesterday made a push higher just in tact with the recent trend line and closed back above it on a weekly basis - signalling us to go long. It is very interesting to observe how perfectly trend lines work, pure magic. As long as we don't get a close below 26.9 - the buy signal remains. I expect silver to reach the 32.5-33.75 trading range by February 23rd, then we could potentially stall out a little bit till cycles bottom early March before the next up leg that will take us to 40 in mid April. Remain tuned for fresh updates. Today I will post several more updates regarding related instruments and prove the fact that silver is about to explode. Remember futures trading involves a substantial risk of loss and is not suitable for all investors. Thanks a lot.
FX:XAGUSDLong
by CSInvestment
5
XAGUSD more bulls on the charts today?Metals and crypto dont always go together... but Elon Musk kinda made sure they do at least in the current market theme! As you probably know, Tesla is investing heavy into BTC (Bitcoin) but the report also shows that they are planning to make investments in Gold bullion, ETFs and others... price is naturally going up on that fact, but not only! - We have clear technical signs that this bullish reversal on XAUUSD and XAGUSD is legit! We are long again here and expect more gains throughout the day!
OANDA:XAGUSDLong
by PrimedGroup
Weekly Momentum On Major Pairs (Week 6/2021)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Mixed Gold & Silver: Slightly Bearish (Gold is Bearish while Silver ins Slightly Bearish) XXX/JPY: Very Bullish Stock Indexes: Bullish BitCoin: Bearish
by SonicDeejay
Wait for it.. Price action in this consolidation... Double Busted Symmetrical Triangle? .. Bull Pennant? ... Bull Flag?... Complex Inverse Head and Shoulders? Whatever, whoever -is responsible for this incredibly sloppy price action (since reaching a new ATH) has NOT made forecasting these movements a very clear task.. Waiting for some significant volume to determine if this is indeed a breakout, or if it will be one last test of this resistance before a significant correction. HOWEVER -it's really hard to be bearish on the Corn right now. EVEN THOUGH: - DXY is still gaining strength and is heading towards the 200 DEMA, near 93.2%.. a 2.6% positive move. + Hidden bullish Div on DXY (daily RSI) - INV correlation between DXY and BTC/USD has been about 15:1 (1% move up for DXY = 15% correction for BTC/USD) - A handful of indicators are STILL hinting towards BTC being overbought Confirmations for entry: - 4hr close above $37.9K - Positive volume > 21MA ($614.59MM) - 4hr BULLISH confirmation on MACD RRR for a buy at the breakout price of $37.929 and a T3 $69.474 is about 12.3.. however, if this bullish move is NOT a fakeout, I will let a significant amount of the trade ride the wave of BULLISH MOMENTUM. Rather bland analysis, but aside from the sloppy price action and lack of volume, I believe this to be fairly straight forward. What are you all seeing? Do you think bitcoin is headed higher.. or do you think this is a fake out?
BITSTAMP:BTCUSD
by BitCapJNY
4
Cycle is up until 5-6 FEB. (Bearish precious metals).As you can see in my related idea and on this chart - the smaller cycle perfectly caught the high and low in the recent three weeks. Now even though the longer term cycle turned down - looking at the price action I still think the smaller cycle being up will bring one more flush in precious metals. Recently we have observed a black swan event in the silver market - a group of private speculators decided to corner the silver market - with their previous success in small cap stocks they gained additional margin and it will be hard for the regulator to silence this wave. However, looking at cycles for silver and this ratio in the short term I believe they will as usual have great success in crushing the paper market. We don't stand a chance unless we purchase physical metal, they have infinite power until we keep the liquidity inside their system - they won't have a method to suppress the price if the demand for physical spikes into space. The premiums will get so out of hand that the paper market will be adjusted to the price of physical, if it doesn't we will have two different markets for the physical metal and the paper contracts for the metal - they will have no correlation to one another. I will not tell you what to do but I will not chase the move with the artificial corner, I believe that silver itself holds the potential for a crazy up move - but only when the time comes and cycles, momentum, etc will support the move. This is not a small cap stock - this is a commodity that is very meticulously regulated by the main financial authorities. The silver paper market along with gold, platinum and palladium measure trillions of dollars! I don't understand how a group of private speculators can corner a multi trillion dollar market against the CB's that have infinite liquidity and x100 leverage on silver. Technically looking silver failed to close above important resistance at 27.5, however it still sits above the 26.25 level. We have to wait and see next week, I wouldn't be surprised to see a move against the minor cycles in silver but it will be according to a rising longer term cycle. However, my opinion stays unchanged short term and I will wait for the next silver cycle to bottom around the 3rd of February. Remember futures trading involves a substantial risk of loss and is not suitable for all investors.
SAXO:XAUXAGLong
by CSInvestment
I Hate to Say I Told You So!Marked in green are the 3 days in this correction period where I reaccumulated and added to my PHYSICAL holdings of silver! I saw many "expert" traders and technical analysts claiming that new lows, another crash, 1700$ gold, etc. were guaranteed... 99.9% of people, including these "experts", don't understand how the prices of silver and gold are suppressed, and just how much higher they should be! Every second silver remains at prices under ~1000 $USD is a gift from the heavens and you should be buying every dip!
SLong
by UnknownUnicorn4195243
3
GDX - Miners are Ready to Rock and RollGDX - Miners are Ready to Rock and Roll Keeping this short and simple Daily/Weekly Set-up Entry on Pre-market Gap-up or 32.25 double bottom if we drop (which i doubt) 1st Target = 38 2nd Target = 42 Hodl target = 45+ ______________________________________________________________________________________________________________________ This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
AMEX:GDXLong
by UnknownUnicorn7216011