Silver going upI believe price is about to move up. If RSI close above 50 and 12period on MACD (blue line) crosses above the 26period (orange line), price can move quickly up to 26.05.
Silverlong
AGQ - Lose a thousand or make a million🍒💰My favorite ETF to buy.
Why buy Gold at almost record all time highs?
Why trade Silver futures with a high leverage that can bit me in the ass in a single day?
I prefer to buy the ETF and trade it like a share✔️, thus no expiry on a CFD✔️, no huge leverage✔️, no expiry means i do the broker no favors✔️
For this trade alone I have an account on a broker just for this one, yes only this trade. I deposited an amount I can lose without crying and I do 2 things:
I buy it and I compound the profits.
If Silver goes to 50 again then this should go to 700s again like it did 10 years ago.
If that happens, the broker will be in pain. My favorite people to hurt (financially) is the brokers.. as you all they can afford it.
Risk to reward with a leverage of 5 and compounding is 300 to 1. I take this trade 20 times if I have to (this is actually attempt number 3😉)
XAGUSD: SILVER BUYING OPPORTUNITY COMING-UPIF SILVER CORRECTS as expected , ...PLAN to BUY LONG
Short-Term = Short, ....
Mid/Long-Term = LONG
SILJ flashing a 73% moveIf banks don't dunk on Silver Spot, we could be seeing a big move coming for the Silver Juniors in the coming weeks. Look for SILJ to post a higher low on RSI and stay above that channel. Strong volume on a green candle will go along way towards confirming.
Silver Chart- not as clear as GoldUnlike Gold, Silver chart looks quite different.
Despite the fact that it did rebound of the support, the price is probable to drop to 20usd before rebounding. This makes us prefer Gold at this stage. Yes, they do rise or drop together.
We prefer to buy AGQ (ETF ProShares Ultra Silver). Trades like a share, no expiry, more controllable.
Silver looks bullish going into 2021. Silver looks bullish going into 2021 with a breakout to start the new year. With more stimulus and inflation coming silver could potentially test all time high.
TVC:SILVER
XAGUSD Swing -> Position Trade BreakdownBreakdown of my entry, SL, TP, and potential Scale In opportunities for Silver.
For EDUCATIONAL purposes only. Any and all trades should be taken at individual's own risk.
SILVER BUY TP_35.490_28.70%_7.905pips_26.241_4.84_1.334pipsSILVER BUY TP_35.490_28.70%_7.905pips_26.241_4.84_1.334pips
Silver Bullish scenario, wave 3 in preparation 238$Silver is gaining momentum in bullish territory on the monthly chart.
All MA's are now acting in support which is really good. VWAP is also under which give great push on the upside.
Here are some projection for next Grand Cycle Wave 3
Based on last intermediate wave 2, the intermediate wave 3 can reach :
161.8% - 86.688$
261.8% - 133.092$ (my favorite choice)
361.8% - 179.496$
The Big view can bottom of Grand Cycle Wave 2 give us a clear path for W3 to :
161.8% - 86.688$
261.8% - 129.64$
361,8% - 178.288$
461,8% - 226.612$
Some upside strong indicators :
-Bullish Monthly KDJ
-Monthly RSI in bulls control
-5M chart bullish Stoch Rsi
-5M bullsih KDJ
-5M Bullish RSI
-Everything look good on daily, weekly chart-
-Weekly MACD gaining momentum
-Daily MACD Bullish-
-Pretty strong momentum Monthly MACD
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Silver - interesting entry Preconditions:
- global uptrend
- local uptrend
- large accumulation at the bottom, shows the big player who buys on the cheap silver..
You will learn the best place where we can trade this instrument at low risk.
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- Eyes on 30Just like Gold, Silver also had a good start of the year with price breaking above pennant resistance and confirming its strong bullish trend.
As it was normal, 27.50 offered resistance and I believe this is just a pit stop in this uptrend
Yesterday Silver confirmed 26.80 as new support and I expect an acceleration to the upside once 27.50 is cleared
For this outlook to stay valid the price needs to stay above 26.50 and, as the title says, my medium-term target is 30
SILJ Prime Junior Silver Miners ETF - BullishI feel like I am a little late to this party but there is a strong technical break out on this chart, cup and handle + RSI and MACD has room for more growth. I can see this easily get to $24-25 and if we break out of that then could easily end at $34-35.
Silver About to Run WildMajor accumulation taken place.
Primed to run more than most would expect.
Breakout buy; monitoring support at 26.77.
Multi hundred % potential.
Silver leading RocketSupport is great, Fibonacci retracement was textbook, down channel has been broken and older bull channel has taken over again.
Love to see silver do well, and at only half ATH it's got a great way to climb! 30 will be hit soon imo. While Gold has been pushing new highs over 2020 silver has been following quietly in the background, ATH challenged hopefully over the next 12 months! Good luck all
Silver - The Deal of a Century Silver can still go to $20-23 range but if that happens I am buying it with all of the AMMO that I have, even my wive's kitchen sink
Silver is EXTREMELY undervalued compared to any other asset out there. The biggest reason - JP Morgan is keeping it that way through a derivatives markets but I am sure those crooks are squeezing and accumulating. JPM stock will go up but Silver (when time comes) will absolutely leave Gold in the dust.
This could be the opportunity for everyone that missed Bitcoin rally. Pay VERY CLOSE ATTENTION to Silver. Do NOT miss it. Every dip should be bought like your life depends on it.
PS not a financial advice.
Silver- 30usd in January?As I said before, in a bullish scenario, in my opinion, Silver has more to gain than Gold.
And as we can see from the chart, XagUsd has spent the last part of December above important horizontal support from 25 and also above the descending trend line. giving us a clear bullish bias.
Last days of 2020 the price of Siver consolidated and formed a pennant which also gives us reasons to be bullish and hopes for a continuation to the upside.
My strategy is to buy dips around 26 and only a daily close under 25 would change my bullish outlook
Skyrocket boomHow much price of XAUXAG (Silver) might go this year of 2021?
Hello guys! I hope your doing great today.This gonnah be your's one. In this article I'm going to explain the chart movement for silver!
Is this real that the silver might going to hit $30 for every OZ. Literally, making us to think high. Right!
How much does it going to grow up by 2021-2022 and by when the movement starts to rise above the resistance level..
According to our strategy by the end of month Jan-Feb 2021 the price of silver tends to move above like an gold it may hit high as boom..
Now,Coming to this chart.. OANDA:XAUXAG
The price consolidation occurs on 19 Sep'14 to 29 Jun'16..
Target sell value is literally up to 68.547(Silver value) and it possible to go up to 38.2% FIB ANDA:XAUXAG
$GGD - Near term target $3.50 (Q1/21) 2020 proved to be quite a turnaround for $GGD financially/operationally and the near term production looks very promising.
At YE19 - cash was low, ops were running at a small deficit, market cap of approx $125m.
At YE20 - cash is U$53m, ops are running at record production, market cap of approx $615m
Silver performed well during 2020 which allows GGD to operate its tailings deposit at positive margins. The Company stated they realised U$6.5m of FCF at a silver price of U$22.71.
Silver price today of $26.40 gives them an additional U$2.2m/qtr of FCF.
Near term catalysts - you could see this at $3.50 by Mar/21:
Los Ricos South PEA - grade profile for OP is 2.26 g/t Gold Equiv, nice operating margin given cutoff originally used $1,400 gold and $16 silver - if recoveries avg 70% combined, the project will provide a nice IRR. If additional tonnage added through drill program, even better for the economics of the project as a whole.
Drilling - one of the largest drill programs in Mexico, the Group sees value in unlocking the Los Ricos region. Positive results from the Northern region of Los Ricos will add more value because of proximity to Southern Region which will have soon to be released economics via a Preliminary Economic Assessment.
Consolidation - better assets are hard to come by, the Group will likely see interest from several larger silver producers. Well performing asset, attractive development asset, clean balance sheet.
Management - the team knows Mexico well, has operated in the capital markets space for over 20 years and have previous success.
Limited downside through 2021, no warrant overhang, management ownership.
SILVER BREAKOUT and Bounce off support = BUY SIGNAL!Silver breaking above recent high and bouncing off support at $26.21. Upside Target Price = $28.18 for a 3.4R trade!!
MACD breaking above 0 line and Bullish divergence and rising showing NEW Uptrend on Dailly Time Frame and resuming Weekly Uptrend. ALL Time frames weekly, daily, 8 hr show a BUY signal.
Expect Silver to eventually Break ATH but 1st $28.18. But expect Silver Miners to outshine SIlver.
Checkout PAAS Trade posted here.
As I said in that post I expect Silver to take everyone by surprise. I expect PAAS to break out tomorrow as I described in that thread.
Entry = $26.39. SL = $25.89. TP $28.18
Silver Update: The Climb ContinuesSilver update: see my post from Dec 22. Everything going as expected, let's see if it'll continue as predicted.
