XAG/USD: LONG trade setupit is about to turn extremely volatile. but the destiny to take this one uP
Silvercharts
SILVER - Correction was due, Rally is still healthyRSI 50 neutral level bounced back signaling that the uptrend pattern is still intact
SLV support levels - OpportunitySLV currently sitting at strong support from 2011, 2012, 2013, with a big gap down to next major support level at $23-ish.
As long as Fed keeps promising to print money and dollar continues to look weak in the long term, I am loading up here. This pullback is very bullish and much needed, shaking out the weaker players.
XAGUSD SilverPrice looks like it wants to come down to test the $27 range. Hasn't tested the break of the 9EMA on 12H yet. Expecting a bounce in this region. Stock RSI crossed bearish on multiple TF's as well.
SILVER - UpdateThe breakout call was accurate and saw an explosive rally (see link to related ideas).
Price is currently consolidating.
Looking back to old charts and buys SILVER still lot of room I bought on 4th of September 2018 my first physical silver, since then we are currently up 92%, and yet there is much more to come. Free money printed by goverments everywhere, we have atleast 3 more months of absolute shit growth ahead of us. GL to all.
DO NOT SHORT ANY MARKETS
Silver XAGUSD Long position + my read on the markets + Crypto With USD breaking down nicely mid to late last week the market was pricing in the inevitable record drop on quarter USD GDP .
I'm still very Bullish ok Silver and truely believe the USD has a long way to go yet to the down side which is of course Bullish on Risk on investments.
Whilst i do believe Silver will post new Highs this year ill be looking to take profit before the highs and tightening stops along the way whilst allowing for Silvers rape spikes down to take out resting liquidity.'
If price drops to 24 big figure ill be looking for a reentry with same premise for take profits.
I'm also very bullish on Silver miners in non volatile countrys such as Australia whos mines are responsible for a large volume of the global output and are also in areas whereby Carona virus is under control. SVL on the ASX is my pick out of the lot in AUS for a potential 20 X plus return over the next 6 months.
Re Crypto we have finally seen a decoupling of Crypto from the Stock markets which has now bought me into stacking mode on projects i have a long term view on as more money pours into this space. By decoupling I mean we are now seeing upward close days on Crypto with the US stock market are posting a downward close. As I write this the total market cap on Crypto is only a whisper away from hitting a 50% retracement from all time highs posted late 2017 of which I've been holding my bag since.
This is my first post here on trading view so excuse the poor markup, ill endeavor to keep posting my analysis on metals, commodity's & crypto with view to holding me accountable to my trades.
Please feel free to comment & or subscribe as this will motivate me to share more.
Watch your levels of leverage people as Silver is knows for rape spikes as I call them (raids on stops when the market is thin through ASIA)
The above is not my trading advice, merely my opinion on positions I personally am taking. I've been building into Silver since 18 - 19 big figure and staking as we go.
silver/siuHello traders, here is the analysis from our team :
buy:22.025
target: 24.100
stop loss: 20.025
Let us know in the comment section below if you have any questions.😉
Silver is showing a strong down movement, best time to sellBe sure of the prices going down, the buyers are trying to win but the sellers are much stronger now.
You can sell now and wait for reaching the next resistance line down and buy again because it will go up again and break the level we are in right now. But for today the prices are surly going down.
silverHello traders, here is the analysis from our team :
We feel; These area's. Will give best results for scalp buys, Or Sells.
#1 Sell @ ooo
#2 Buy@ 23.080
* Futures sometimes run in one direction during Day. *
So. If no Momentum, Or pullback in these area's for 7/27/2020.
Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move
STOP LOSS UP WHEN YOU CAN.
Let us know in the comment section below if you have any questions.😉
Let us know in the comment section below if you have any questions.😉
SILVER is in a BULLISH FLAG !SILVER is in a BULLISH FLAG !
Extracted two measurements for two possible pole measurements..
TVC:SILVER
Silver Long Term Analysis Silver has been performing very accurately from my TA compared to Gold at the moment. It has successfully created a higher high for inverted Head and now we should look out for the completion of the inverted right shoulder to break crucial resistance. I'm currently looking at $17.20 - $17.70 accumulating range for IRS (Inverted Right Shoulder) and act as a Support Range as well for a range period of 179 days. (Bear in mind as indicated on the graph where if it takes a longer duration to complete our IRS cycle then the support range increases linearly). We need to break $21 - $21.45 Crucial Resistance range to break the existing price trend for Silver.
SilverBuy Silver using three Trend lines yellow, green and red trend lines . Buy at 19.3 price near the green line .Target of 19.98 around 3.51% - Yellow line. Stop Loss is the red line around 0.45% If it starts breaking the red trend line . You can also take a Short Position when it crosses red line. . Then it can go Down. Also RSI there seems more room for upward movement. For risk of 0.45 % there is an upside of 3.51%
Silver showing some symmetryMinor trendline is best zone for buy
Wedges can be seen to be displaying symmetry within Head and shoulders pattern.
silver in dip mode like all 4 precious metals ,silver bear today so we will wait more retrace soon in , possible rebound in 20 day supply zone , worst case will be 16.73 break to retrieve 30 days levels 15.30
SILVER D1 12 JUN I am looking for buying opportunity
as I always say , in this market I am just buyer
do not forget USD is weak so looking for buying in other pairs
XAGUSD Short What I see is quite clear, Price touched strong monthly Trend Resistance and rejected then we almost close to break strong Support trendline daily, as soon as we confirm breaking our Support trend, we wait for first pull back in one of the scenarios in higher highs we jump in a trade. For now 1. we wait to see if daily support trendline can be break or no 2. we wait to see which scenario going to be choose 3. we jump in trade with first higher high 4. with very rational R:R,
Good luck Guys,
