Please, check out my charts. The 4HR, Daily and Weekly. How bullish is looking for Silver. Today's price-action has already taken out last weeks high. I recommended to many of the traders following me here on TV, to get into a Long position(s) in Silver today. Why? Well without even speculating on the FED making it's move on interest rate reductions & where...
Buy analysis has kicked in for Silver. We have seen it form a W Formation and recently, it's broken not only out of the Neckline but also the Downtrend (action line). Nature: High probability analysis Price>20 and 200MA Target 33.79
XAGUSD on the 120-minute chart is at the top of the high volume area on the profile. This is a relative volume void above and a high volume area breakout is possible or even likely. The TTM squeeze indicator has just triggered. The Price Momentum and Relative Trend indicators appear bullish. I assert that spot silver is bullish right now and mining stocks...
silver has been trading between $22 to $26 with $4 swing range. Breakout of $26, will provide $4 upside potential.
HL shown on the reliable daiy chart while spot silver is uptrending. demonstrates multiple bullish signs including a cross over the POC line of the volume profile and now the confluence of a 200-50-20 triple convergence coindident with a cross of the long anchored mean VWAP and a gaint ( "gib ass green") engulfing green price candle of 7% magnitude with...
22.93 seems to be good resistance for silver. This range can be a good zone for next movement of the price. If the resistance is break with closing a day candle then can see positive movement for upcoming days. Vice versa can also be seen , as it is currently very high resistance zone . Also ABC pattern is also valid if resistance is break, then can have a big...
simply showing the power of Fibonacci we had seen a Bullish Divergence and Hidden Bullish Divergence on MACD and by the confluences of 4 Fibonacci tools (Retracement, Extension, Projection, Time Zones) in an ascending Chanel... So we are Speculating...$$$ A TP Zone Starting from 39.43$ to 41.16$ a Safe and Sure TP can be 39.43$ It is a Swing Trade and it...
AGQ a leveraged ETF of silver and its futures, spent mid-March to mid-April on a great uptrend from which it pivoted down in a 50% Fib. retracement which took two months to complete. After a bit of consolidation and sideways channeling, it has finally launched into bullish continuation as shown on the daily chart. The Lorentzian AI machine learning indicator...
Based on the weekly chart, I see the DOW / XAGUSD ratio as rising in the past year. I see this as meaning the DOW stocks have been valued by market participants as compared with the valuation of silver. Further, I see the relative strength of the ratio showing some bearish divergence of late. The DOW stocks are challenged by the current macroeconomics...
OANDA:XAGUSD Spot silver put in a triple top in early March into early April on the daily chart. It then descended over the next three months in what may end up being the leading side of a cup and handle pattern into a bottom about July 13th. Spot silver then rose a bit over the next five weeks and now has retested the bottom now forming a double...
Centuries ago when the gold and silver standards existed the Gold to Silver ratio was fixed at 15. Decades ago the ratio was 55. The US dropped the gold standard in 1971 ( Thanks Richard Nixon ?) In floating since then, the ratio in modern times has been 75/ It can be said that below 75 gold is undervalued in comparison with silver while over 75 it is...
Commodities are rapidly increasing in prices while the US govt continues to pump trillions of fiscal dollars into Biden's infrastructure plan & federal unemployment benefits. Also with feds fund rates kept at 0% and recent reported inflation at 5%, negative real rates should continue to provide strong support for monetary metals like gold/silver. Additionally with...
entry time: 06/14/2021-06/23/2021 entry price: AGQ ~$53 (mine DCA is around 48) account position: 25%, + 3-5% option price target: ~60-100% profit , AGQ 80-100 stop loss: will only buy more with big dips (change position into long term, wait for breakout either end of 2021 or in 2022)
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....
With the advent of physical supply dropping, and the seasonality and market fundamentals that favor silver, I think this TP selloff will reverse once it's done being rangebound.
Gold and Silver were diving for the past sessions however if we look into the scenario on a bigger timeframe, we can see that Silver is trading near critical level at which prices might be looking for a buy setups or news to start a new impulsive wave. please take into consideration that the above analysis is based on Elliottwaves strategy, with an invalidation...
buy this zone, because this is cluster of fibonacci extention and expansion, divergence target in H4 and daily timeframe is completed don't hesitate fellas, buy buy buy