Silverlong
Silver, XAG/USD - new entry point🔥For the fourth time, the price approached the resistance level. If the price breaks the level this time, I will wait for a retest to open a long position. Let's see!
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Gold - Elliot Wave corrective phase completed (ABC)lets keep our eyes on Gold and Silver next week as a nice reverse hammer candle also formed, which could be a clear signal of an elliot wave completion. will position into some stocks early next week.
$VZLA (Vizsla Silver Corp) to head higherperfect breakout after 7 months consolidation pattern. Bull Flag perfectly captured by FIB retracement tool.
Long AGQ multi-month tradeThe silver sentiment is much better than gold. Gold/silver bull run should start somewhere end of this month and next month. Start adding position on AGQ around 44-48. a weekly close below 55 MA should be stop loss (around 42 currently). profit target depends on the time frame rather than the price target.
Note: The only thing to be aware of is the USD cycle --- whether we are in a new multi-year-long rising or falling USD cycle (check DXY). With infinite QE, I would bias towards a falling USD cycle, as of 2020. But if USD continues to rise then we will different sentiment.
I love silver to protect me from inflationI am sure that inflation will rise in the coming months. Too much money is injected by central banks and few opportunities to intervene on rates.
Buying tangible assets seems to have become an investor's refrain. Ray Dalio also insists on this aspect.
Youtube Ray Dalio interview on Bloomberg : www.youtube.com
I thought for a long time about which real asset to address and in the end I chose silver because I prefer it to gold.
Silver has many industrial uses and could be significantly underestimated at the moment.
It is not only a haven asset, it is also a real commodity, but there is more.
Banks will try to keep inflation low without intervening on rates. But banks own gold and not silver, so they can't sell silver.
This is why I chose it to protect myself from inflation.
I would say that technically it is also not bad. It is on nice support that seems very solid.
Long Position on Silver XAGUSD - 120+ Pip OpportunityLooking for Silver to Break the Consolidation Zone and continue to the Next Higher High of the Structure on the H1 & H4 Chart. Use Proper Risk Management. Once the trade hits TP1 - Please close half of the trade and move your SL to Entry to make it a risk free trade.
**Pending Order**
Silver XAGUSD - Buy Stop
Entry - 26.10
SL - 25.85
TP1 - 26.40 (30 Pips)
TP2 - 26.65 (55 Pips)
TP3 - 26.90 (80 Pips)
TP4 - 27.20 (120 Pips)
Silver - we boughtLarge tringle in a long upward trend. I see continued growth. The accumulation phase confirms my thoughts. Only buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Silver possible bullish reversal Hi Traders
Silver (H4 Timeframe)
A low to medium probability, to go LONG is forming @ 26.473 after the market found support @ 25.342. Only the downward break of 25.342 would cancel this bullish scenario.
Trade details:
Entry: 26.473
Stop loss: 25.342
Take profit 1: 27.071
Take profit 2: 28.138
Take profit 3: 29.877
Score: 5
Strategy: Bullish Trend Reversal
expecting a big upwards push in silver in the next 2 weeksSilver has ran it's bottom down cycle for now and I am expecting a big upwards move to over 30 in the next week or two. It will depend on gold as silver moves in conjuction with gold if gold stays low, silver will go up but slower. If gold moves fast silver will shoot up.
Silver, a new weekly cycleNow, silver on the week has some interesting going ons behind the shiny curtain. I bet many have heard about the new "commodities cycle". Seems like the whole market is in a new cycle. this obvious cup formation is amazing for people who bought in, i dont know if it will drop below the bottom of the cup. It's to be said that a cup formation is the leading indicator in the start of run ups in markets, so my assumption is with a little patients we will see silver go higher, remember that silver is needed for solar and water purification systems. That should be bullish for physical silver.