Silveridea
XAG/EUR "Silver vs Euro" Market Heist Plan on Bullish SideHello!! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAG/EUR "Silver vs Euro" Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
XAG/GBP "Silver vs Pound" Market Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAG/GBP "Silver vs Pound" Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
XAG/USD "SILVER" Market Money Heist Plan on Bearish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist XAG/USD "SILVER" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
SILVER'S TIME to TAKE BREATHER Fundamentals:
Bricks buying and geopolitical tensions have kept Gold price elevated pulling up the silver price with it. I believe the Bricks meeting this Sept to be a selling event given that all of the purchase goals (for now) will be met by the meeting. Gold is the stronger of the two metals. I am leaning short Gold but I think silver has more downside potential given recessionary woes (industrial applications).
Seasonal and Election: Looking back Sept-Oct are typically down months for metals.
Technicals: The price is now up against heavy supply zone and major $30 psychological level.
There is a head and shoulders pattern (4r) forming inside of a much larger head and shoulders pattern (2day) (See previous post). At the moment the price has failed to pop back up above the 4hr MA. It may recover. However, I will be selling into strength inside of the the supply zone with a stop on a 2day close above the $30.50 level.
Fed Thoughts: The market has all but priced in a rate cut at this point. Every movement this year has been predicated on them (despite never materializing). I am of the belief that the cut itself will be a selling event regardless of whether or not we get a short lived rally.
Expression: Given that I am skeptical on equities and bearish Silver I will be shorting SILJ given that it has a history of outperforming to the downside on Silver draw downs. In addition, the upside/risk is limited (as much as it can be haha). Major funds are not investing in juniors. They have and will put capital into majors like GOLD and NEM if metals continue to push higher. In addition, miners are not experiencing the upward pressure that Gold and Silver have because central banks and foreign buyers (the reason for the rally in metals) are NOT buying miners, they are buying physical metal. PAAS is also a strong short candidate. It is a basket case (major earnings miss) and will outperform to the downside.
Silver at the top of a channel?Silver has been trading traditional fib longs and and extensions in this big bull runup. However, we are very overextended, trading well in excess of big support over the past two days. We are also at a potential top in terms of it trend channel. The risk of a decline in silver is significant, and unlike gold which gives you a clue on the fifteen minutes charts, silver could simply start falling and keep going. Given the lack of bull fib support, I think this is a good spot to take profit and enter a small short position. There is a good chance that we begin the down leg of silver here.
Upside for Silver is Coming! Long Setup!I am taking an early long position on Silver as we are getting a trendline and 4 hourly resistance breakout.
Long from 22.79 or as close as possible.
Target 1 - 23.30 - Set stop loss to break even once T1 has been hit.
Target 2 - 24.05
Target 3 - 24.50
Extreme Target - 25.49
Stop loss - 21.80
#SILVER: A strong sell off expected! Dear Traders,
OANDA:XAGUSD a strong sell off is expected on silver this week. Firstly because recently price have been overbought and there is going to be ' a strong bearish impulse' due to adjusting he market equilibrium. Secondly, the NFP and other strong news that can affect the silver future price significantly.
We will have to keep close eye on the price action if price does not respect our zone then the idea will be automatically invalidated. we will update on this as we progress.
BluetonaFX - SILVER Targeting Five-Month HighHi Traders!
Silver is trading with bullish momentum after its ascending triangle break and is approaching its five-month high at 25.258.
Price Action 📊
After the break and close above the 20 EMA, the market has been trading with bullish momentum and then broke above the ascending triangle's resistance. We are looking for further continuation towards the five-month high at 25.258, and our plan is to buy market dips.
Fundamental Analysis 📰
Important market events this week that could increase the volatility in the US dollar and therefore in commodity prices are likely to be the ISM data and the Federal Reserve's preferred gauge of inflation, the Core PCE data. We will also have US GDP later in the week, and to round off the week, Fed Chair Powell will be speaking.
Support 📉
23.556: PREVIOUS DAY'S LOW
Resistance 📈
25.258: FIVE-MONTH HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Macro Monday 16~SIlver 2nd in RecessionMacro Monday 16
Silver Performance During and Immediately Post-Recession
Over the past few weeks I have heard many financial analysts recommending holding Gold and Silver for protection against a recession scenario or at least holding some bullion as a diversifier or insurance against currency risk. Today’s Silver Chart and Golds Chart from last weeks Macro Monday are aimed at identifying how good these assets performed during the last 8 recessions.
Last week we covered how gold performed during the last 8 recessions and discovered that gold provides an average return of +7.3% during recession periods whilst the S&P500 averaged a -35.6% decline. It is important to note that Gold’s price declined by -9.3% and -6.3% during 2 of the last 8 recessions, however it performed better than the S&P500 in both those scenarios during which the S&P500 declined -12.7% and -16.3% respectively. Last week’s chart of Gold demonstrated that it can offer protection during recessions whilst also potentially offering an average +7.3% return over those period.
The Chart
Interestingly Silver does not appear to be as protective as Gold during recession periods however it appears to make positive moves post-recession which is valuable to know as timing your silver allocation later in a recession cycle could be benefit your portfolio;
1. During 6 out of the last 8 recession periods Silver has declined in price by an average of -9%.
- This is a lessor performance to Golds positive average of +7.3% over the same period.
- However, Silver declines less than S&P500 which declines on average -35.6% over these same recessionary periods
2. Within a 6 months immediately post-recession Silver has increased in price 7 out of 8 times by an average of +18% (blue areas on chart)
- This provides an argument for diversifying a portion of your gold or cash position into Silver late in a recession or at the end of a recession period.
- Obviously timing this would be difficult however, if you had a Gold position that increased between +7 – 10% during what you believe to be a recession period, it could be beneficial to start allocating a portion of that position to Silver based on the average +18% potential within 6 months after the recession ends. There is no guarantee of course.
The Silver Second Allocation Approach
Based on the price history of Gold and Silver over the last 8 recessions there is an argument to not hold silver at the onset and/or during the recession itself (as silver declines -9% on avg during the recession period).
At the onset and during a recession Gold has a much better record with an average return of +7.3% however, Silver can offer significant returns in the 6 months post-recession with an average return of 18%, thus as we wade closer to the end of a recession an allocation into Silver could put you on the right side of probability. No Guarantees.
The Silver Long Hold Approach
Interestingly if you check the data chart which I will share in the comments, you will see that Silvers overall performance (recession periods including the 6 months post-recession period) is positive with an average of +9.1%. In other words, if you held Silver through the recession period and the 6 months post-recession, the average return is 9.1%. Amazing what an additional 6 months of patience can achieve. This is where there is a potential argument to hold silver from the outset of a recession if you intend to hold it that 6 months post-recession.
When you check Silvers post-recession performance (6 months post-recession), it can historically increase as high as +50.6% thus a Silver allocation does offer that upside potential that Gold does not. This adds to the Silver Long Hold Approach argument however this has to be weighed against a potential -58.3% decline during the recession period (also evident on the chart as the opposite extreme).
Final Word
The safety in Gold during a recession is attractive and the post-recession potential return in silver is hard to ignore. Silver can go down or sideways when gold first starts to increase, this has been the case historically and often gold increases for 18 – 24 months before silver really starts to move and catch up (I will follow up this point with a chart).
I myself lean towards a later recession allocation to silver, lets say we get a 14 - 20% drop in silver with a 5 - 7.3% increase in gold, this could be a window to start building your smaller silver position from your gold or cash holding but for me, the silver position will always be smaller and allocated late into a recession. I want to emphasize there is no right approach, these are just considerations worth pondering about Gold and Silver portfolio allocations during recessions. The ultimate decision is up to you.
I hope both the gold and silver chart provide you with some perspective and help keep you on the right side of probability.
PUKA
SILVER Analysis 20Aug2023if you look at the price movement last week, there is a possibility that a reversal will occur. I still use the Eliot Wave notation a few weeks ago with the assumption that the price will be bullish with the invalid area boundary below. if the area is violated then the elliot wave notation will change and the trend will probably be a complex correction wave.
SILVER Analysis 30July2023With the formation of a new LL in the wave structure, it is certain that the possibility of greater bearish continuation. It is possible that currently a complex correction wave is formed to determine the wave (2) where Wave 2 is always a correction wave. If you want to do a short, you can do it when the price approaches LH
SILVER Analysis 24July2023I see this commodity positively bullish, now the price is stuck in the SND area and I try to provide Fibo Retracement, and the results are quite supporting this analysis to find the long area. There are 2 SND areas that are quite striking here, where the SND area intersects with Fibo 0.618 and 0.236, and the 0.236 Fibo area is also close to the bullish trendline, quite interesting?
SILVER Forecast 6July2023if this is an a-b-c correction and wave c is usually the same length as wave a, then there is a high probability that XAG will go down.
This is signaled by the current price at the trendline and strong resistance area. if XAG turns out to respond positively to the trendline and makes a strong bearish signal, then it is likely to go to fibo extension 1.