Silver update So silver is playing around and it crosses the blue line that we supposed to sell on it daily indicators showing a pullback huge pull back to the intraday maybe maybe above it good luck
Silveranalysis
Sell in blue line Silver within hours will dump again
Blue line where to sell
Red line where to take profit
GOOD LUCK
Silver one hour trade Sell to 18$
Folse candle and we have to back test the 18 area still bearish
Ill update when it hit 18$
We may se a pull back with stock market open since the 4 hour frame is over sold
Good luck
Silver's major support and resistance levels Silver's major support and resistance levels as per weekly close,where silver can take support and face resistance in next coming week. Three black lines indicating central pivot range
Silver Next week So bad week for silver
We may see lower prices
Moving averages about to cross and print down word movement
Selling in next week is profitable
Be careful any pull back is to sell not to buy
Ill update you next week
GOOD LUCK
Silver !!! Going to 17.5 !Yes that is an easy target and very possible ,now what we may see a sort of pull back wait wait not today :)
It maybe Monday
For today we still in down trend
GOOD LUCK
Silver JUST SELL We dont buy this prices high inflation will hit all assets
But but but under 17 ill start buying for long term it will sky rocket in rescission
Moving average's about to cross and it will drop the price lower
Over bought in weekly and going down as indicators show
18.5. -17.5 -16
GOOD LUCK
Silver !!! What you have to knowIam selling now next week will be amazing profit this area of 19$ is strong resistance and i think we can see 14 area
If you think we can go higher then …..
GOOD LUCK
Silver updateSell the silver gradually up to 19.5 $
Take your profit at 18.5 then 17.5
Am just repeating so you dont get rekt
GOOD LUCK
Silver update We sell today to 18.5 $
Its still not a good buying range where the weekly have more down side
But expect to back test the 19 $ if we break it we continue to20$
GOOD LUCK
Silver: TightIt’s getting tight! Silver hasn’t all that much room left to finish wave 4 in green… We expect it to make it in time, though, and to go for the resistance at $20.87 afterwards. Once above this mark, silver should push off into the orange zone between $22.11 and $23.72 to complete wave 5 in green as well as wave iii in orange, before starting a countermovement. However, there is a 45% chance that silver could fail to get its act together early enough and could thus drop below the support at $18.96, which would then trigger further descent below the next marks at $17.89 and $17.40.
Silver update (day trade )Yesterday i recommended buying to the 20 then sell to 19.5
Today trade
Sell now profit taking mentioned in chart blue line every support take 1/3 from total order .
GOOD LUCK
SILVER BUY IDEAHello Traders!!!
We are clearly in a bullish bias on silver and we have seen a clear demand zone playing out currently of which we have been waiting for, for quite some time after taking profits from the previous high.
Silver trade Looking for buy but not now
Buy now and sell 20 $
In daily , weekly looks over bought
In 4 hours looks over sold
Good luck
Silver could rise from supportAfter the break above descending trend line's resistance followed by a break also above horizontal resistance, Silver made a high at 21.20 and started to drop.
As I said in my previous analysis, prices under 20 should provide strong support and a new leg up could follow.
At the time of writing Silver is trading exactly in this support and bulls can regain control from this point.
22 zone can be buyers' target and negation comes with a drop under 19
Silver- 19.50-20 zone is very important for bullsOn Monday, Silver has a strong bull break above 20usd very important zone given by the horizontal, psychological, and falling trend line of a channel.
Yesterday the price had an intraday correction and at this moment looks ready to continue its ascent.
The next target is 22 resistance and for this scenario to be valid 20 and slightly under should remain intact.
Buy dips in that zone can be a good strategy
Where is Silver going?Yearly candles.
Trading Range 1, over 150 years, breaks out to over 20X in 1971
Trading range 2, currently about 50 years seems to be making AB=CD correction to a point of decision.
Bottom of Trading Range 2, or breakout of Ascending Triangle ? Or sideways?
Silver market catches airSilver is performing magnificently, exactly in the momentum moves envisioned by the Elliott waves. At the moment, we are in the wave (iv) of the . The wave (iii) we have completed at the high of $ 21.3 A slope of almost 19% in less than a week. Where else is there something like that?
We reach the end of wave at least at the 1.618 extension at 22.135$, but also the 200% extension at 23.12$ can be reached easily.
Often the fifth waves reach the 1 extension of the wave, which is approximately at 22.8$. So, an overshooting wave can be expected according to the current structure. Good for all who are invested in silver.
The (iv) should bottom at the 0.382 retracement at $20.020 and then extend the last impulse wave before we correct again in the .
Don't Trip on the Silver Dip!Silver (XAG/USD) maintains the top. Therefore I expect the precious metal to plunge towards a decisive break below the September 16 low of 18.76, which would indicate that this month’s rebound was a dead-cat bounce, raising the prospect of a retest of the September 1 low of 17.53. Furthermore, a decisive break below 17.53 would be a sign that silver had resumed its medium-term downtrend.
Silver Chart With Resistance Levels & Inside Bar Bull Break
This chart points out a head and shoulders pattern, which is very bullish. I also drew the resistance lines showing the potential price.
The chart also shows an inside bar bull break which is also very bullish.
Keep in mind i am not a chart expert.
Please comment on my charting.
Silver Market near to bottom Silver got off to a good start and built a clean 5-part move through September 12, where it closed the wave at $20,020 per ounce. Expected after wave is a correction between the 0.618 Fibonnaci retracement and the 0.887 Fibonacci retracement. This area, starting from 18.4$ has silver now expired and with the entry of the territory of the (i) now the alternative wave (iv) excluded.
Silver is expected to change trend direction in the pink trend reversal area and complete the , then continue to rise higher in a wave .
Long Term VWAP trend has turned bullish for Silver after 11 yrsAtfter 11 years of bearish VWAP trends in silver... it has turned bullish and is testing. Silver is interesting as we sit in this "inflationary" environment. I say "inflationary" with quotes as we have a CRB index rising WITH the DXY. This hasn't occurred since the early 1970's and points more towards a supply issue vs. a monetary problem. Hence we see things like food and oil scream higher while metals have been lagging. This bullish turn on the VWAP in silver could be pointing a change in the metals' action in the medium term though. A confirmation would require a break and hold above the highest VWAP, which failed and failed hard in April.
I was much more confident in a break out where we failed and was wrong... yet this setup still has strength behind it. If price gets back above the upper VWAP I will be keeping a close eye on metals into the fall.
My Two Best Friends. Gold and .....Silver will turn in the beginning of december at about a price of 15 and a half dollar. Will be the precious metal buy of the holiday season. Load of because it's going to 68.1.
