Breakout waiting in both sides of the trade to take action . You know how to do Alright,...............
Silver CFDs look to be in a strong upward channel, potential bounce of the lower end of this channel this morning? Should see soon. If not, probably down for a bit, but then up considering market conditions. Not very good with the chart system here, but.. you get the idea.
Being In an inflationary environment a screen energy driven narrative Platinum is important to help create hydrogen/renewables battery technology and take over the high prices of palladium.. Over here we have a nice bonus structure with Falling Broadening wedge or a megaphone pattern (whichever you prefer).. Plus a great dividend Stuck with a low PE ratio. In My...
HEY HEY I'S FRIDAY!! DXY'S favourite day to pump and puke the PMs. LEt's see what happens. Silver BO of the falling descending expanding wedge. Now backtedt?? then ???? POP! Sounds like a plan.
Silver ended last week not looking so good, and it has lead to a bad start for this week too. After breaking below $25 resistance, it has held above the next level of 24.75. It is likely to retest this zone again this week, so depending when you're reading this the title of this article may not be exactly true - but I'm really looking at where silver is likely to...
Model Forecast for Platinum: - Line of Least Resistance determined for PLATINUM. - Initially, inverse correlation with stock market, but Platinum reaps the benefits of industrial use in clean energy strategies, we foresee a decline in the stock markets until EOY, and recovering early 2021. PMs' technicals seem to support this sentiment. - Interestingly, there was...
Every time gold makes a bullish Move to the upside, it disappoints. 2.70% drop today...factory orders up in the US is the excuse that is being touted...Glad I bought it, but now, honestly, just looking to dump it as other opportunities are around. Also this, that impulsive move back to 1960 will now be considered a double top on the Yellow Metal. Should have...
Looks just like silver before it's consecutive > 10% weekly breakouts.
Silver has been very unloved of late, but if the DOW/ Silver ratio is any guide, then we very well may see a period of out performance quite soon. Provided we see some key levels taken out. Metric #1: Trendline Analyis Monthly: Basic Trendline Analysis First off let's use some basic trendline analysis, right from the outset we can see the initial move...
I was watching this last week and it has completed the pattern as of today. Watching this closely as the measured move is around ATHs in gold. Closing above the structure and ill be adding to longs. Happy trading traders!
The chart speaks for itself. I'm glad I went long when I did. The rise of Gold, Silver, and yes Bitcoin, is a sign of a failing fiat currency system. Think about it. (My Previous SLV post)