Get started

Silverlong

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
Silver analysisSILVER ANALYSIS 1-Silver trend to move along with safe heaven king GOLD 2-In recent days silver is outperforming the gold interms of daily % of gain/lose 3-Its moved an average of 4-5% a day 4-Yesterday range is almost 8% for a up and down rally 5-Currently it's trading at the recent trendline support level which will further attract the buyers and it has room to to rise as compared with GOLD 6-23.774 would be a next support level to watch as its coincide with 38.2% Fibo
OANDA:XAGUSDLong
by forexorbit
SILVER on a monthly resistance (M/W/D) 🦐SIlver on the monthly chart has approched a huge monthly resistance, price hit the 30 area and got sharply rejected below. On the weekly chart (low left) we can see that after the spike in the rejection bulls gain again power. On the daily chart (low right) price started a tight consolidation between the monthly resistance and a daily support. We can expect the price to carry on the consolidation range before a break for new recent highs. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
SAXO:XAGUSDLong
by InkyGrip
8
Silver in to new highs again! After this really long bear market, I am super bullish on SIlver... have been since 18$ The GOLD/SILVER is going to shit... If I'm correct we might hit 300$ on Silver eventually... It has not been corrected to the new inflation, and that is what I'm waiting for now to happen! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;)
TVC:SILVERLong
by Cidoguy
1