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Silverlong

Silver in Uptrend channel.Silver (Spot) - Short term - We look to Buy Trading within a Corrective Channel formation. Prices have reacted from 23.58. The trend of higher lows is located at 24.00. Further upside is expected although we prefer to set longs at our bespoke support levels resulting in improved risk/reward. Pivot resistance is at 25.53. Preferred trade is to buy on dips. Our profit targets will be 25.53 and 26.50 Resistance: 24.55 / 25.21 / 25.53 Support: 24.00 / 23.75 / 23.51
FOREXCOM:XAGUSDLong
by Signal_Centre1
$XAGUSD - 26.120 is a must-test levelHi guys! 👋🏻 🔔 Silver mostly outperforms Gold whenever the DXY weakens, as a cheaper alternative of the safe-haven, similar to Bitcoin - Ethereum relation. 🔔 The daily chart demonstrates an end to the correction and an upcoming bullish run, Fibo 0.618 test, MACD and RSI. 🔔 Silver will continue bullish as global pandemic and money pumping into the economy continues. For the short-term I'd wait for a breakout from the dynamic resistance and go long upto the Fibo 0.618 level of the September drop, though Silver will and must test the dynamic resistance of the downtrend channel (flag). ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
OANDA:XAGUSDLong
by azizelliott
ARDLooks to have hit long term support. Could reverse here for another leg higher. Argent currently have two projects in WA being drilled to expand their resources and reserves for copper/gold/silver. Both projects sit nicely in the vicinity of Newcrests massive Cadia mine, so this is elephant country. The Kempfield project had delays in July and August due to wet weather but is now in full swing. These assay results are due any day and could provide significant upside. Drilling at their second resource is due to begin this month. Exciting times.
ASX:ARDLong
by ClinicalTrader
Why you should pay attention to Silver ?Silver has been hammered pretty badly during the sell-off in March and after the recent market correction. Nevertheless, the large timeframes tell a different story. When we zoom out, we can quickly notice the huge that silver has been putting since Dec-15 marked by the a lower low $11.639 in Mar-20 and then a solid bounce followed by a rally to $29.869 in August. This month the price has further corrected to $21.665 marking an oversold RSI up to the daily timeframe. Looking at the higher timeframes weekly and monthly, - taking the history since 2013 into account, we could see a large cup formation to which the current drop could be seen as the handle pattern being worked out, - taking only the recent drop into account, we could see a very interesting bull flag formation being worked out. In either cases, a breakout over $28 might send Silver back to .786 fib level with a price target over $41 before a longer consolidation takes place (if it follows gold's path). Silver is known as a lagger but it is also an aggressive mover since its cap is not as big as gold. I am definitely going to increase my exposure to Silver and silver mining stocks as well. Let me know you thoughts, like, follow and share to support my ideas. Until next time !
TVC:SILVERLong
by CryptoMargrave
THE BEST TIME TO BUY SILVER WITH Warren BuffetExpecting at long term , that this are the best moment to buy silver. the most what warren buffet buy increase. Expecting for silver a great increase time, and the silver are urgent for now and next time. From more sides, we know that warren buffet holding and buying silver. if coming any 2second red market, i believe silver will done it great again. Have good time (: # this are long term update. and expect that we will hit the all high time. Gold have done that already, and for silver need around 130%. its more interesting to buy silver than gold.
TVC:SILVERLong
by Protixder