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Silverlong

Silver- False break of support?Since August last year, Silver is trading, more or less, in a range and, excepting, March and April's false break of resistance, the boundaries are pretty clear at 22 and 25. Last week the price has broken under 22 support, but, considering the quick reversal and retest of now resistance, this can be a false break. The confirmation comes with the price back above 22 and bulls can target 24 resistance. 23.30 is interim resistance and, as long as the recent low is in place, buy dips can be a good strategy.
OANDA:XAGUSDLong
by Mihai_Iacob
4
My new silver idea...Based on the Fed's adamant nature on raising rates over the next two meetings, I see weakness in the silver price. But not much more. I think the Fed pauses and possibly pivots to easing after August when the true nature of the coming recession reveals itself. Following that I see a rapid rise in the price of silver, in a similar time frame between 2008 and 2011. However I do see silver will retaking $50/oz much quicker than it did the last time. Then the price of silver is in no man's land and we must base our projects based on measurements of silver compared to other investments or commodities.
TVC:SILVERLong
by WinstonWolfe
2
Get long Silver for the long haul? This chart is a super zoomed-out view of Silver priced in U.S. Dollars going back about 10 years on a Monthly time frame. While I think a very good trade idea could be coming a little later this year (2022), I think the thesis is best illustrated on the longer time frame. As you can see in the chart, Silver spent about a year and a half consolidating in a range between the high $18 range, to the mid $24 range. I've drawn a rectangle from this time period to the Volume Profile to show that a small value area was formed at these prices. Since April 18th, Silver has been crushed - it has barely seen an uptick on it's way to declining about -17%. The broader view isn't much better, as it is down -16.5% YoY, and -6.5% YTD. Over that same time, Gold has held up much better and is up +4% YoY and +1.3% YTD. Consequently, the Gold/Silver ratio has been trending upward on a steady incline. While its possible that the current consolidation range can hold, and Silver can sustain prices above $20 before heading back up, but I think its easier to make the case that Silver is weakening over the near term, and could break its range to the downside. If you believe that inflation will be a problem for months, if not years to come, metals should eventually rebound and back up to retest the previous highs. A break below $20 would likely push the Gold/Silver ratio higher, and offer a fantastic opportunity to get long Silver. with the potential tailwinds of a dramatic price rise in the near future - both in terms of U.S. Dollars, and Gold. If the break lower does come to pass, good candidates to enter longs silver positions would be either via Futures, or options in the SLV ETF. I'd also look to put positions on in the Small Exchange's Precious Metals contract SPRE . While this is product would give exposure to the entire precious metals complex, Silver would act as the driver to push it higher.
COMEX:SI1!Long
by InnerMotionTrading
XAGUSD - SILVER - LOOKING FOR THE LONGWe're looking for the LONG in SILVER - XAGUSD We have hit the 618 retracement of the previous swing ( 15.12.2021 - 08.03.2022) We are approaching a 1.272 extension of the last minor swing (28.03.2022-08.04.2022) There is a buying tail now except we have no real evidence of buyers yet. We could see further decline to 707 or 786. The 786 happens to match up with the 1.618 ext. This would be a great buying area. Keep your eye on this one...
FOREXCOM:XAGUSDLong
by enzenator
Silver is going to EXPLODE HIGHERTake a look at this chart showing the disparity between US stock market prices, gold prices, and Silver from the end of the US Gold Standard (1971). All you have to see on this chart is the rally in Gold and the SPX recently. This is the EVERYTHING BUBBLE created by global central banks over the past 8+ years. There has never been a time when FEAR and ASSETs have risen together like this. Global central banks have pushed debt/credit levels to extremes. Traders understand the risks and are already shifting capital away from stock market assets in preparation of a Fed rate hike. They know what comes next. Silver has been so undervalued over the past 15+ years that the disparity between these price levels shows Silver has at least 150% to 300% upside price potential over the next 24+ months (or longer). Now you know why so many people are talking about how the global central banks have fooled people into believing paper has any real value. Gold/Silver are value. Paper is just paper. Learn from the Chinese. Over the past 6000 years, there have been numerous paper currencies pushed out as forms of value by rulers. Eventually - all of them collapsed. The locals realized this and continued to collect Gold and Silver (trading their paper for Gold/Silver when possible). The unraveling of this EVERYTHING BUBBLE will be epic. Follow my research.
FX_IDC:XAUUSDLong
by BradMatheny
Updated Silver AnalysisLooks like my previous look on silver was wrong. Looks like it is still within a wedge and we are looking for a breakout within the next few months. After the breakout I'd fully expect to see at silver at a minimum of $50 an ounce. Personally, I'm seeing costs of goods go up higher than that currently, with the addition of increased labor rates, some raw materials are close to 3x what they were a year ago. It's only a matter of time before silver does the same.
TVC:SILVERLong
by thephysicsguy1
SILVER - Test will be at 28.8 $CPI data coming up this week (tomorrow) and safe havens could be ready for a flight. Methodology. A consumer price index ( CPI ) is a measure of the average price of a fixed basket consumer goods and services purchased by households. It is one of several price indices calculated by national statistical agencies. The percent change in the CPI is a measure of inflation . Understanding Safe Havens A safe haven investment diversifies an investor’s portfolio and is beneficial in times of market volatility. Most times, when the market rises or falls, it is for a short period of time. However, there are times, such as during an economic recession, when the downturn of the market is prolonged. When the market is in turmoil, the market value of most investments falls steeply. One Love, the FXPROFESSOR
OANDA:XAGUSDLong
by FX_Professor
1