XAG/USD 20.11.2024FXOPEN:XAGUSD
Hello Traders,
Here are my thoughts for the coming days/weeks/months, based on the Elliott Wave method:
It’s clear that we’ve topped out at wave (3).I anticipate seeing an ABC correction forming within the overall wave A to B. Fibonacci target levels for the smaller wave C can be drawn once wave B is established.
My plan is to short at the 78% Fibonacci level where also a high volume area is, stopploss would be above the last high take profit would be all the way down to wave 4. Along the way, I’m looking for a clean 1-2-3-4-5 setup from the larger wave (B) to the larger wave (C).
If you have any questions, feel free to ask! ;)
Silber
GOLD BILL RUNOANDA:XAUUSD
The MONTHLY chart shows the ratio between the spot gold price
and the US inflation rate.
While overall, the ratio is quite stable or consolidated for a period
of more than 15 years.
Hpwever. y three episodes are noted where the ratio rose parabolically
including 2009, 2015 and the Covid 2022 time period
.
For the present, the RSI Swing Indicator has printed a Buy Signal.
and
the MACD shows an early K/D crossover under the histogram.
Does this suggest an impending hard Bullrun for XAUUSD?
Please comment and offer your opinion. OANDA:XAUUSD
XAGUSD auf zu neualten Ufern...OANDA:XAGUSD steht wohlmöglich vor dem nächsten Bullrun...
Die 22Dollarmarkte sollte halten, die Korrektur könnte damit beendet sein.
Während alle anderen Assets wie Öl, Platin, Kupfer oder Nahrungsmittel in den letzten Monaten explodiert sind, hinkt Silber ebenso wie sein großer Bruder Gold weit hinterher....
Die Korrektur von FXOPEN:XAGUSD und FXOPEN:XAUUSD könnte nun endlich vorbei sein....
Ein Restrisiko besteht immer, daher schön den SL unterhalb der 22 USD-Marke setzen wenn man traden will. Für Hodlers von den Silbermünzen und -liebhabern, ist aktuell ein guter Zeitpunkt nochmals nachzukaufen.
Die nächsten Ziele sind das letzte Monatshoch bei 30 USD, wenn diese Markte bricht sehen wir 40, 60 und dreistellige Werte...
viel Erfolg
Silver / Long Idea Ever since the Lehman Brothers collapse prompted central banks to cut interest rates and implement round after round of “quantitative easing” commentators have been forecasting that gold will hit $5,000 an ounce and silver $100 an ounce.
Pointing to the high inflation that was experienced in the US in the 1970’s that caused gold and silver to skyrocket back then, many are drawing parallels stating that all of this quantitative easing will end with a similar high inflation environment. If and when this does materialize, precious metals are expected to rise exponentially.
However, the question of “when” this will occur is currently up for debate. While there have been some recent signs of inflation, it yet remains to be seen whether we have truly entered an inflationary environment or whether this just a temporary blip brought on by the shock to the supply chain caused by the Coronavirus.
As we all remember far too well, by April 2020 most of the worlds factories had been forced to shutdown due to the spread of COVID. When certain factories deemed to be crucial for “essential businesses” were allowed to be re-opened, many of them re-opened on a drastically reduced capacity based on the expectation that consumers would shut their wallets and not be spending money.
However, the complete opposite happened. Those that were fortunate enough to maintain employment could not spend their discretionary income on travel and entertainment so directed their money towards home renovation projects which were also bolstered by record low mortgage interest rates.
This contributed to record high prices for Lumber in the US and manufacturers such as Stanley Black and Decker being caught flat footed by cutting back production only to learn later that consumer demand for tools and equipment was exceptionally high.
While the above had lead to inflation, it is yet to be seen when manufacturing capacity returns to normal, and consumers can spend money again on travel and entertainment, is this inflation temporary or is it just the spark that has lit the inflationary fuse.
It may however be many years before the inflation that has been warned about for the last thirteen years begins to materialize. And while gold is arguably the most popular precious metal, it needs the inflationary narrative to continue for the price of gold to appreciate.
To position ourselves accordingly, I am choosing Silver to protect My portfolio from inflation if and when inflation does come screaming back but also choose a precious metal that can capitalize on a post-covid economic recovery.
Good Luck
SILVER very Bullish on long term.Key things to remeber, why SILVER could go much higher then we are expecting.
1. '''The amount of silver needed to produce conductive silver paste for the front and back of most PV cells may be almost halved, from an average of 130 mg per cell in 2016 to approximately 65 mg by 2028, according to the Role of Silver in the #GreenRevolution report. (***Published by CRU Consulting – a division of CRU International Limited – on behalf of the Silver Institute)
2. Silver properties as a metal make it unique to make a conductor for E-Auto with highest thermal & electrical conductivity then any other metal.
With the growing interest in Green energy ans E-Auto SILVER has a very good petential and also as like always as a safe haven value next to GOLD instead of holding FIAT Money.
** This is just for educational purpose. It is not an investment advice. I am just sharing my own analysis.
Thanks for watching. Follow if you like.
The Rise of the Silver Surfer Part IIIMultiple 1-2 combinations will soon break out like a rocket. Buy anon & hodl physical!
In Venezuela you can buy food for 3-6 month with 1 oz of Silver and with 1 oz of gold you can buy a house.
Same situation in germany after world war.
At the moment there are over 43.000 applications where silver is used in chemistry, industry, healthcare and economy.
10 more applications are added every day. Silver is antibacterial so more and more stuff like clothes and
healthcare products are coated with silver.
Silver is the metal with the highest electrical and highest thermal conductivity of all metals.
So its used in every smartphone, computer, solar panel, car - in every electronical controlled device.
-> Silver is one of the first metals which is running out in 12-20 jears (depending of div. sources).
Nasa ist using colloidal silver as antibiotics for astronauts.