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Silverlong

SILVER LONG POSITION/SILVER BUY SIGNAL Hi guys, We have solid position on silver. * MACD DAILY BULLISH * StochRSI DAILY BOTTOMED * My view is that silver will after this strong pierce and selloff make attempt towards previous highs, drop again and continue to push since underpriced. * Target on silver is 48$/OZ. Having on mind position of S&P 500, DAX. FTSE and the other indexes, situation on stock market seems very shaky. SPX is in front of WEEKLY BEARISH MACD CROSSOVER which will result collision of index as we could see in the chart Apart from SPX, DAX seems even more shaky and i would suggest clearing stock positions and opening longs on metals (prefferably silver), since HH of gold should not surpass 57.000$ which is 10% at best comparing with silver which provides 218% return on investment (118% profit). Money from stocks will move to precious metals and crypto section. Appliance of silver from fundamental side is used in industry since all the batteries, fast chargers and so on could not behave as good conductior as silver, because it doesn't have "skin" effect like copper and it can endure big amperage which will be used in electrical car chargers (since gold is to expecive now). Silver will be too, but still not Usual ratio Au:Ag=20:1 Now is 70:1 in favor of gold (since gold made brakeout first Once again, i find silver highly underpriced and will collision of stock exchange (WHICH IS IMMINENT) and certain as Tuesday after Monday, money will move into " store of value" Good luck to everyone and happy silver holding. Will pay off big time !!!
TVC:SILVERLong
by milanjelic
13
SILVER IDEA UPDATED 2.0So with the stock market selling off this has impacted the silver price, which has now dropped below $26.1/oz. The price will now head back down to major support, previous resistance of $21/oz (and change). I would expect a very significant bounce off of this level after an healthy consolidation. We would then see a similiar reaction to what we saw back in march, april, may when the FED inevitably steps in with further "stimulus" to combat the second wave. Then I see silver bouncing around off of resistance and support levels before inevitably attempting to hit $50/oz by 2024. This is not a target date, rather an indication that it took nearly three years for silver to bottom after 2011, therefore we should expect a similiar time frame to get back up there.
TVC:SILVERLong
by WinstonWolfe
3
Potential Buy in Silver To start i already baught some silver because . Why NOT RIte? Regardless, i actually backed myself up when i did the analysis. so far it has been very consistent for the past 3 months. looking at the current 1 month time frame. i am confirming we have another potential bull run. if this week it happens to break through the previous pivot points than i totally believe the price of silver is going to continue higher. However i am waiting on markets to open tomorrow on monday 09-21-2020 to see how the spot price fluctuates. Before i buy more. i am most likely going to wait until wednesday 09-23 or if the break out happens sooner. Please Provide feedback! Are you buying?
TVC:SILVER
by cortes5150
4
GOLD/SILVER RATIO UPDATEThanks for viewing, Initially posted in 2019. I was a buyer of silver bullion since silver crossed the 80 mark. That included adding significantly to the holdings during the steep drop earlier in the year. It hasn't always been a comfortable trade, but it has worked out rather well to date. What I expect next is, despite continuing tail-winds for bullion, the G/S ratio will head back towards the 50 line of the RSI/MACD. So both gold and silver will continue to gain as the money printing / negative nominal and real yields on bonds / geopolitical uncertainty / record-breaking government deficits / shortages of physical bullion etc environment continues (I expect at least 4 out of these 5 conditions to continue for at least 5 - 10 years). Silver will continue to gain at about a 2:1 ratio to gold despite overall % gains slowing down somewhat for a time (smaller, less liquid market). So the G/S ratio will level-off for a while before head further down - I HOPE to 45 or below - at which point I will sell silver and purchase (more) gold. Silver is a swing trade only as a way to gain more physical gold. I have actually bought my first silver ETF this week (my silver holdings are less than 1% ETF and gold is 0% ETF). Sorry I digress, I a strong aversion of bullion ETFs and would be very uncomfortable with any significant portion of my bullion allocation being in ETF form - if you don't hold it in your hand, it isn't yours). Gold isn't a trade and I would be unlikely to ever willingly part with it and will probably continue to add to holdings (even at much higher prices) for a very long time. Gold is unsurance, money par excellence, and the best way to hedge holding a weak base currency. If it all works out I will end up with well over twice (by weight) the amount of gold (almost 3:1 for some purchases earlier in 2020), as compared to the amount of gold I could have bought at the time I purchased the silver. I'm just using silver as leverage against gold. Medium term, an $80+ price is on the cards (yes I know that sounds rather speculative right now) and at a 1/45 ratio that would imply a gold price of only $3,600 an ounce. Remember both BofA and Goldman expect a $3000+ gold price before the end of 2021, so my trade could realistically be completed in 2021-22 (I set a 2-5 year time horizon on this trade in 2019). On a bit longer 5+ year time horizon, $5000/oz gold is more likely than not at the moment. Of course, that implies a significantly weaker USD - but we are already starting that journey as well. Protect those funds (and your bullion).
TVC:GOLDSILVERShort
by flyinkiwi10
25
XAGUSD REVERSAL FOLLOWING SILVER FUTURES? LONG!Pinging the .38 on the 3h. I do believe that given the state of the S&P and the American political climate, we will continue forward as money flows out of equities and into safe havens. The horizontal lines are where we tested the 180 period MA and we look to have rejected it, for now. Caution : Silver is notoriously manipulated by investment firms / banks / hedge funds. Shakeouts are likely on the way, be wary of the 22 zone. Live long and profit, and best of luck.
OANDA:XAGUSDLong
by Z3R0Matrix
2