Plan for SILVER - WHEN I WILL BUYHey tradomaniacs,
in this chart I show you where I will look for potential BUYS.
Current treasury-topic in the U.S is putting GOLD and SILVER under pressure as higher yields are a good alternative to no-interest-assests such as metalls.
I will wait for a retest of this area of SILVER breaks through the current low and support-zone.
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Peace and good trades
Irasor
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Silvercharts
SILVER another move coming after several days of consolidation?SILVER looks to be winding up towards the end of the next consolidation period, with a move in the next few days likely. A move up could take us back to $25.50 and a move down could take us to $22 and change. Worth watching over the next few hours.
Silver - Can it go to 50$? We like to hedge by Buying Silver and selling Gold:
Gold is already at all time highs , but Silver is not even half of it's previous highs (2011)
Silver, the 'Cinderella Gold' is a semiconductor - thus rises with technology
Silver rises and drops togethjer with Gold, thus allowing us to have a beautiful hedging opportunity for the next few months
SILVER (8HR) - Break-out or Fake-out??True to form for a head and shoulders pattern, the first move outside of its recent pattern has been to the downside. This is one to watch, because if there is a retest of the recent support followed by a rejection, there could be a short-term sell trade on the table.
Silver mini weekly viewHello everyone,
Silver is in a correction fedge since the august month. CMP is 62853 and almost on their dynamic resistance. We need to keep an eye on 65000. Will give a short term swing long on the breakout with 62000 stop loss. Target should be 69000/71000/75000 in the short or mid-term swing.
Will SILVER Collapse or Surge from here?Here, In the beginning, the trend was incremental. But after making a sharp peak, it converted into the descending one.
It started to increase by making arc-shaped strong support and fell from the peak.
The trend made an ascending triangle between the support trendline and resistance trendline.
If from the last candle of an ascending triangle, It moves in the upper direction, there will be an ascending trend, and the targets will be 26.4186 and 27.3800 .
But if it will fall after the ascending triangle, There will be a downtrend.
And targets will be 21.2500 and 20.2686 .
SILVER battling with 200 EMA in a rising channelSILVER
Silver is tend to move along with Gold but the daily moving range is higher than GOLD
Today the upside momentum has stopped by the Strong 200 Exponential moving average same as like the Gold.
We can expect short term rebound after reaching the lower side trend line and may move towards 200EMA. For the longer term bullish trend Silver has to break the trend line as well as the upside trend line
From my point of view it will fall after reaching the 200 EMA. if the lower side of the trend line was broken we can expect more number of sellers will come to move this metal below 22.000
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