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Preciousmetals

LUCMF Asymmetric Trade PossibilityLuca Mining Corporation high reward:ratio — multi-month swing trade Here we have an asymmetric trade potential on LUCMF. Price has broken a long term downtrend and seems to have been creating a reversal pattern in the form of an inverse head and shoulders, as many silver miners are currently doing. This same pattern is not only present on most miners, but on the silver futures or spot charts themselves, in which silver has already broken out of; seemingly following the exact pattern of gold, in the handle portion of its cup and handle In this sense, it is safe to assume the miners are lagging silver in such a way that silver has been lagging gold — same exact pattern just slightly late to the party — this gives traders a “second chance” at catching the move in which silver is currently completing — in the miners Long term target: $1.65. Speculative entry point — any price above .45 in case of a false breakout Conservative entry point — any price above the neckline breakout level (you can adjust this lower according to your risk tolerance as many smaller cap miners often produce false breakdowns) I suspect there will be a false breakdown after seemingly confirming the breakout, which may warrant a liberal stop loss according to your personal risk preference
OTC:LUCMFLong
by Commodity_TA_Plus
Is silver about to go BONKER!!??Good Day, Fellow traders and followers, IS SILVER ABOUT TO TO GO BONKERS?!?!?!? This chart is kind of busy, I don't normally make busy charts, but there is so much going on in this monthly chart. Lets dig in!! First off, lets start with the price action, it has clearly broken through resistance (blue line). Also, the price action is in a purple cup, that's actually the handle of the GIANT 40 YEAR cup and handle it has been in. The green lines are the support and resistance areas. Also I have added what seems to be a pattern of 50 bars bottom consolidation that does also happen to resemble a Wyckoff a pattern before a break out. Lets move on to the indicators RSI - I have drawn in a support band for the silver RSI. IT really likes the 46, 50 to 55 level before a break out. Going below here is either very bearish or the best buy in bull market. STOCHASTIC RSI - has had a massive cross recently on which chows momentum coming in to this market. RSI 3 LINES - WOW!! This looks like a serious power play for silver, ever since the RED line crossed down through the GREEN, it found support on the blue and turned right back up in big way!! Also it look like the BLUE could follow suit very soon which would confirm bullish movement for this asset as all the colors would be aligned. THE LAZY BEAR - This one is kind of a no brainer. Breaking out above and holding the 0 level usually leads to big moves higher!! ASO (SENTIMENT) - It looks like there is a 50 bar pattern here and within it could be another 12 bar pattern right before a break out. Please keep in mid every bar is monthly, so what might seem like a small pattern could be a year long. I want to add, I do believe there is a fairly substantial move coming to silver. I'm not sure where it would be going to0, however I do know that the last true resistance is at aprox $35 usd Getting above that on a monthly level could or should lead to NEW ALLTIME HIGHS in short order well above $50 usd to possibly $70 to $80 before a correction. Any Correction at that point would be considered a buying opportunity !! Please like and share this chart to all silver lovers! Also, any questions or comments are welcome down below!! Kind Regards, WeAreSat0shi
TVC:SILVERLong
by WeAreSat0shi
1
Gold vs. Silver: Is the Ratio Signaling a Major ShiftIntroduction: Precious metals are displaying promising price action, warranting a closer look at the gold AMEX:GLD to silver AMEX:SLV ratio. This ratio provides valuable insights during bull markets: Bullish Silver: In a strong bull market, silver typically outperforms gold, causing the ratio to decline. Gold Leading: Recently, gold has taken the lead, advancing in a corrective rally, but there are signs this could change. Analysis: Inverted Saucer Formation: On the gold-to-silver ratio chart, a large inverted saucer formation is emerging. This bearish pattern indicates a potential breakdown below key support levels, signaling silver’s outperformance in the months ahead. What to Watch: A confirmed breakdown of support in this ratio could signal a major shift in favor of silver. If silver outperforms, prices could surge to retest its 2011 highs of $48-$50 next year. Gold Outlook: Despite the shift in favor of silver, gold remains bullish. A breakout could target significant upside, with price projections of $3,300-$3,400. Trade Setup: Silver Bullish Setup: Trigger: A breakdown in the gold-to-silver ratio, confirming silver’s relative strength. Target: SLV retesting $48-$50. Stop Loss: Manage risk by placing stops near recent support levels in silver. Gold Bullish Setup: Gold continues to show strength, targeting $3,300-$3,400. Monitor for breakouts in gold prices alongside silver’s potential surge. Conclusion: The precious metals setup looks increasingly bullish. The gold-to-silver ratio is hinting at a shift toward silver outperformance, a hallmark of true bull markets. If this scenario plays out, silver could retest its 2011 highs, while gold targets new all-time highs. This is a chart and setup worth keeping a close eye on in the coming months. Which metal do you think will lead the charge? Share your thoughts below! Charts: (Include charts showing the gold-to-silver ratio with the inverted saucer formation, key support levels, and projected breakdown targets. Add gold and silver price charts highlighting bullish setups.) Tags: #Gold #Silver #PreciousMetals #GLD #SLV #BullMarket #TechnicalAnalysis #TradingIdeas
AMEX:GLD
by Richtv_official
Bullish on Gold and Silver Do you remember the previous post? 😉 Gold and silver moved as we expected. They showed some weakness in reaching the "Nice areas..." I highlighted this in the previous chart. So what's next? As I think we will see another rate cut from the US Fed I think that would be a decent driver for Gold and Silver to get a bit more stronger and don't go lower than the "Nice areas" that I highlighted. For Silver, I see a very good potential for a move higher towards $36 (I hope before February) and for Gold, I think we can expect a bit more strength from buyers to push Gold to $3000 this year on a slow and steady pace. Stay tuned for the next updates . . .
OANDA:XAGUSDLong
by SamanFx0
USDX is up 0.26% 4 the $ in support. But D-Tops Intraday. That is the 4HR chart of the USDX. It's in a massive rising wedge still on many timeframes but it also is caught up in a Top2 on timeframes right up to the 4HR. This does not mean 100% that the $ will fall and it does not mean the USDX will fall. But on the law of averages, they normally drop some more from those levels and this appears to be an MTOP down below which if breached then certainly the dollar could really come-off a bit. Gold and Silver known for retraces prior to important economic news, well they got a bounce after the non-farm payroll bearish figure was not supportive of the dollar. Trades coming up in Gold. Hopefully Longs.
EIGHTCAP:USDXLong
by Easy_Explosive_Trading
G&S ratio rising could be bearish on metals medium termThe G&S ratio is back above resistance (now support) and wants to break out of the bullish wedge in dark rose color. If that happens, an inverse H&S formation could play out and shoot us up (blue line) to the extension of the rising resistance of the (yellow) bearish rising wedge. This would mean a last hurray spike of the ratio, to touch the apex a last time before falling again. The final fall of the G&S ratio would then signal the risumption of the bull market and the further collapse in the G&S ratio would signifie a raging bull market for precious metale (both silver and gold - but especially silver). The bull market in metals is unavoidable with the current macro sitauation. However its resumption could be delaid if this set up plays out.
TVC:GOLDSILVERLong
by Dangermousebanana
GOLD & SILVER Attempt To Break Higher - Moving Into EEP #3Gold and Silver attempt to break upward, moving away from the larger EPP Phase #2 (consolidation/FLAGGING) setup. If my research is correct, we'll see a very strong rally setting up in Gold/Silver over the next 2-4+ hours - likely see GOLD rallying up to $2720+ and SILVER rallying up to $32.50-$33. Get ready. This could be a very strong rally phase targeting new all-time highs over the next 15+ days. Get Some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:GC1!Long
by BradMatheny
Attempting to Time The Next Gold Rally (FPT & EPP Analysis)This video attempts to show you how to use Fibonacci Price Theory (FPT) and the Excess Phase Peak (EPP) patterns to attempt to time/estimate the next big Rally in Gold/Silver. This is more of an educational video as timing market moves accurately is nearly impossible (IMO). Some techniques (such as predictive modeling or other types of price pattern analysis) can help us estimate when the markets may make a big move, but they are still only about 55% to 75% accurate in most cases. I've found the best solution is to more clearly identify price support/resistance using FPT and the EPP pattern to attempt to determine what stage of the EPP pattern price is currently in and how that relates to FPT short-, intermediate-, and long-term price structures. In my mind, using price as the core element of my analysis eliminates the potential of getting confused by technical indicators and other data. Price is the ultimate tool when attempting to trade or analyze the charts. This video is designed to help you understand how to use the two techniques/theories (FPT & EPP) I teach to better understand price setups/trends/opportunities. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:SI1!Long
by BradMatheny
Gold (XAUUSD): Trend channel broken amid latest economic dataGold futures ( OANDA:XAUUSD ) have fallen to a two-month low, influenced by a stronger U.S. dollar at a one-year high and Bitcoin’s rise to $90,000, amid a shifting economic narrative highlighted by Donald Trump’s resurgence in the political arena. This recent drop has prompted us to revise our technical scenario. Losing the trend channel on the chart has triggered our alternative outlook, leading to adjustments in the wave count. While it is theoretically possible that the wave ((4)) hasn’t concluded yet, this seems increasingly unlikely given the current price action and market environment. Gold’s continued decline coincides with the latest U.S. economic data. Both the Consumer Price Index (CPI) and Producer Price Index (PPI) reports aligned with expectations, but they failed to reinforce hopes of an interest rate cut in January. Higher real yields on U.S. Treasury bonds have made non-yielding assets like Gold less attractive, adding to the bearish momentum. Looking forward, we are closely monitoring the price reaction to these developments. While the possibility of a short-term rebound exists, the loss of the trend channel is a key bearish signal that could point to further downside. We remain cautious and ready to update our strategy as the situation evolves.
CAPITALCOM:GOLD
by freeguy_by_wmc
Gold and Silver short-term correctionAs I pointed out in the previous post, Silver and Gold are showing a weakness in their price. The correction in gold is not far from my expectations, it needed some rest after this crazy marathon in 2024 😁. Also, Silver is going into a deeper correction, which makes the silver stackers and long-term investors of this shiny metal excited. So, I would like to see Silver keep going down and reach below $30 while in the same time it would be nice to see gold is reaching below $2580. Both Silver and Gold might experience this weakness until the end of November. Then, I would like to see another leg up forming until the end of February.
OANDA:XAGUSDShort
by SamanFx0
Barrick Gold (GOLD): Up 33%—Time to Take Profits?What a rise by Barrick Gold since we bought some shares at the end of February 2024. Patience pays off most of the time, and so it has with Barrick Gold. We are now up over 33% with this stock, and we’re very happy with this last-second entry before the stock took off. Gold continues to rise, and Barrick Gold is following suit. However, after every rise, a setback—whether major or minor—will happen sooner or later, and we’re definitely not getting greedy here. We’re going to take our first profit now and move our stop loss to break even. If we decide to reenter with a second position, we’ll let you know with a new limit. For now, we’re just enjoying this setup and the profit. Let’s keep this going 🔥
NYSE:GOLDLong
by freeguy_by_wmc
Are Silver Miners Poised to Outperform Gold Miners?Introduction: At the start of 2024, we were strong advocates for precious metals, and this strategy is paying off. Gold is consistently reaching new all-time highs, while silver is surging to levels not seen in over twelve years, finally capturing public attention. However, during a genuine bull run in precious metals, it's crucial to watch for mining stocks to outperform the spot prices of the metals. The lesser-known secret among gold enthusiasts is that investing in mining stocks often yields higher returns than holding physical metals. Analysis: Spot Prices vs. Mining Stocks: While gold and silver spot prices are making impressive gains, the true potential lies in mining stocks. Historically, mining stocks outperform physical metals during strong bull runs because of their leveraged exposure to rising metal prices. Silver Outperformance: We focus on the potential for silver to outperform gold, especially as silver has been gaining momentum. In this context, it's key to monitor the performance of silver miners (SIL) compared to gold miners (GDX). Broadening Wedge Pattern: Currently, the ratio between SIL and GDX is forming a broadening wedge pattern. A breakout from this pattern could signal a surge in silver mining stocks, indicating a shift where silver miners may start to outshine their gold counterparts. Conclusion: As precious metals continue their strong performance, the focus shifts to mining stocks, where the potential for higher returns lies. A breakout in the SIL-to-GDX ratio could mark the beginning of a new phase, with silver miners taking the lead. Traders and investors should keep a close eye on this ratio as a key indicator of the next big move in the precious metals sector. What are your thoughts on this potential shift? Share your insights below! Charts: (Include relevant charts showing the SIL-to-GDX ratio, the broadening wedge pattern, and potential breakout targets) Tags: #Gold #Silver #MiningStocks #PreciousMetals #SIL #GDX #TechnicalAnalysis
AMEX:SIL
by Richtv_official
Silver a win-winMy positioning Anyone who's been following me for a while knows I've been quite bullish on silver for the past few years. In fact, I initiated my AMEX:SLV position in early 2021 when it was in the low 20's and then in late 2022 I rotated almost 50% of that position into AMEX:SILJ when it was right around $8. It was mostly dumb luck but I nearly bottom ticked that market and bought within an hour or so of what's become a multi-year low. I've continued to hold these two core long term positions, while also trading around the core positions when short term setups present themselves. The win-win Before I get into the chart technicals I want to get into the fundamentals that I think make silver a win-win in the long term. I typically don't use fundamentals when I trade but I don't consider this a typical in-and-out trade. This is more of a long-term hold based on my own fundamental thesis and supported by chart technicals. The crux of my win-win thesis is that silver will outperform in both a bullish economic outcome and a bearish economic outcome. In the bullish economic scenario, the already voracious global silver demand will continue to increase as solar, AI and EV demand continues to grow. The question at this point isn't if, but how fast. The rate at which silver is being consumed could outstrip production by as much as 200moz by the end of this decade. While I expect scrap and new mining to somewhat fill that gap, it will eventually create a vacuum that only an increase in price will resolve. In the bearish scenario the globe slips into a severe recession. This would cause industrial use of silver to plummet but safe haven demand for silver to explode. While the demand in the bullish scenario is more gradual, the demand in the bearish silver is explosive and would likely lead to a hockey stick price move. The most bearish scenario for silver is that the globe goes into a mild recession, where demand for silver drops materially but the large safe haven demand doesn't materialize as it would in a severe recession. In this case silver may tread water and bounce around in range. The technicals The silver chart makes just as compelling of a case as the fundamentals. Silver has what Peter Brandt has affectionately referred to as "the mother of all cup and handles". While the 45 year pattern means this could take quite a long time to play out (years...decades?) it still offers a very nice long term potential and clear boundaries to trade within. Within this very large pattern we often see shorter timeframe patterns form that offer both long and short setups. This sets up a nice situation where you can have a long term core position, and then trade around that core position when shorter term setups present themselves, either long or short. The next few key support and resistance levels I'll be looking to trade around is the $40 level and the $48 level. Beyond that and we'll be into all-time-high territory where I'll trade whatever price action happens to be at that point in time. Options Another nice thing about SLV is it gives us options (no pun intended). For a scenario where I'm long term bullish but I think price has rallied too far, too fast and it's looking a little frothy in the short term, rather than closing some of my spot position outright and risk missing out on further rallying another approach is to sell OTM (out-of-the-money) covered calls. Implied volatility would be elevated so you'd likely be getting paid a good premium, and if price does rally up to or beyond your strike price, then you can either choose to hold and let your shares potentially be called away or if your still bullish you can roll the options up and out (up in strike and out in time). You'll collect more premium and move your sell point to a higher price at the cost of taking on more time risk. There are exhaustive resources out there if you're unfamiliar but interested in this type of strategy.
TVC:SILVERLong
by krugman87
Will Silver Close at the High This Year?In September, we discussed the potential of silver forming a 'Cup & Handle' pattern, similar to what we observed with gold at the end of 2023. We saw how gold performed in 2024. If the Silver can settle at around here at the end of this year, establishing this formation, we should be able to see the rising trend of the Silver in 2025. In this tutorial, we will discuss why silver may close higher towards end of the year. Silver Futures & Options Ticker: SI Minimum fluctuation: 0.005 per troy ounce = $25.00 Micro Silver Futures Ticker: SIL Minimum fluctuation: 0.005 per troy ounce = $5.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:SI1!Long
by konhow
1
Gold & Silver Struggling To Break Away From Consolidation PhaseI created this video to highlight why I believe Gold & Silver could stay within a very wide consolidation range until after November 7~10 as the US markets enter a SHOCK phase after the elections. Yes, I believe Gold & Silver will ultimately rally much higher, but my weekend research suggests the US & Global markets will stay in a low liquidity phase for about 7 to 10+ days after the election and I believe THAT is the reason why Gold & Silver will appear TRAPPED in a sideways price range. Ultimately, we'll see what happens with Gold and Silver and if my research is correct or not. I just wanted to alert traders that Gold/Silver and other metals/miners appear to be trapped in a price anomaly event over the next 10+ days that suggests metals will fall downward, trade within a sideways price range, and attempt to move out of that range after November 11. Let's see how it plays out. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:SI1!Short
by BradMatheny
Gold & Silver Enter Phase #3 of the Excess Phase Peak PatternGet ready. Both Gold & Silver have moved into Phase #3 of the Excess Phase Peak Pattern - suggesting Gold & Silver will consolidate briefly before either attempting to break downward toward an ultimate low or revert higher, trying to take out the recent highs. I estimate that Gold and Silver will break downward as fear and panic settle into the market ahead of the US elections. If you've been following my research for the past 4+ weeks, you already know I predicted this move nearly a month ago, and now we are seeing Gold and Silver roll strongly to the downside. What is interesting is that they both set up excess phase peak patterns. Gold set up a very quick Phase #1 & #2 (flagging) pattern, whereas Silver's #1 & #2 setup took much longer. I believe Silver is leading the markets a bit right now throughout this Excess Phase Peak pattern. If my research is correct, Gold and Silver will break downward over the next 4+ days to identify a substantially lower low - the Ultimate low. After that, Gold and Silver will base/bottom and move into a very strong recovery phase. Are you ready for market opportunities over the next 5+ years? Follow my research/videos to learn how you can capitalize on these big moves. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:SI1!Short
by BradMatheny
2
Silver (XAGUSD): Anticipating a correction after new local highsTwo out of our three Silver positions remain active, with Silver reaching a remarkable high near $35. Today, we decided to fully close our second position, locking in substantial gains. The first position, initiated at $26.30, will remain open with a stop loss placed slightly below $26, aligning with the high-timeframe support and wave 1 level. Given current analysis, a correction in Silver may be on the horizon after reaching the minimum target for wave 3. With increased Treasury yields and some profit-taking, Silver could face resistance in climbing further, especially considering the upward trend in yields. While we cannot predict the exact speed of this potential downturn, if it unfolds as expected, we’ll look to re-enter with Silver certificates around the $30 to $28.30 range. The ideal correction would see a pullback toward the volume range high and a subsequent bounce within the 61.8%-78.6% Fibonacci zone, which we’ll confirm once wave ((a)) is established. Stay patient and focused, as volatility is expected to rise with the upcoming presidential elections.
OANDA:XAGUSD
by freeguy_by_wmc