🚨🚨🚨Oh boy - Silver is gonna 🚀A TTM Squeeze on the Daily, Weekly and Monthly = a huge move is coming.
I believe Powell will talk about adjusting the acceptable inflation rate in his speech tomorrow from 2% to 4%. He will appear dovish and inflation will rocket in the dollar starting April when the gamma has rolled off the quarter.
I've also been noticing that precious metals are higher priced in China's SGE Exchange and rises in the morning and gets hit down during NY time. This means China is setting the prices of silver and gold and that the FED has lost control of inflation.
In June the FED will end up hiking to 8% and the markets will take a dive. Then a false flag will be used to to justify the FED lowering rates as the dollar TVC:DXY ascends to 120-160. This will explode hyperinflation after the Dollar implodes (2026-2027), just in time for the FED to roll out the CBDC's under social credit scores. Please stock up on freeze dried food, water, ammo and physical silver and gold - and stay away from the cities. There's a good possibility the election will be called off under Martial Law.
I will release a stock pick I think has some peculiarities I noticed that will exponentially skyrocket if this happens. Kinda a lottery ticket. It's not financial advice so beware - and I also will be investing in this stock as well so I'll have skin in the game.
If by any chance the market interprets what Powell says as Hawkishness, like NO interest rate cuts this year FOR SURE, and that they're still targeting 2% inflation rate than all bets are off and precious metals will sell off before some summer event that causes the FED to cut rates (the false flag attack). Either way, precious metals will be the canary in the coalmine to watch going forward.
Silverlong
Gold Shines in Emerging Markets, While Silver Seeks RefugeThe recent economic landscape has painted a fascinating picture for precious metals. Gold has emerged as a champion for investors in economies with developing currencies, like the Turkish Lira (TRY), Indian Rupee (INR), and Chinese Yuan (CNY). Conversely, silver seems to be finding favor as a store of value in more established economies with mature currencies, like the Euro (EUR). Understanding the economic forces behind this divergence can provide valuable insights for investors.
Emerging Market Reliance on Gold
For emerging economies, gold has historically served as a hedge against inflation and currency devaluation. As these economies experience higher inflation rates and potentially weaker currencies compared to their mature counterparts, the allure of gold's perceived stability grows.
• Inflation Hedge: When inflation erodes the purchasing power of local currencies, gold's historical tendency to maintain its value becomes especially attractive. Investors in these markets can turn to gold to preserve their wealth.
• Currency Devaluation Shield: A weakening local currency can make imports more expensive and hinder economic growth. Gold, on the other hand, is often seen as a global currency, offering a sense of security against fluctuations in the domestic currency.
• Safe Haven Appeal: Emerging economies can be more prone to political and economic instability. Gold's reputation as a safe-haven asset provides a sense of security during turbulent times.
Silver's Appeal in Mature Economies
While gold thrives in emerging markets, silver seems to be resonating with investors in mature economies for different reasons:
• Industrial Applications: Silver's extensive use in industrial applications, particularly in the green energy sector with solar panels and electric vehicles, makes its price more susceptible to economic growth. As mature economies tend to be more stable and have a higher potential for sustained growth, silver can benefit from this positive economic outlook.
• Lower Barrier to Entry: Compared to gold, silver has a lower price point. This makes it a more accessible investment option for a wider range of investors in established economies, where wealth distribution may be more even.
• Hedging Against Stock Market Volatility: While not as traditional a safe haven as gold, silver can offer some protection against stock market downturns. Its price often exhibits a positive correlation with the stock market during periods of economic growth, but it can also hold its value or even rise slightly during market corrections.
The Interplay Between Currencies and Precious Metals
The strength of a country's currency can also influence investor preferences for precious metals.
• Strong Dollar, Weaker Silver: A strong U.S. dollar (USD) can make dollar-denominated assets like silver cheaper for investors holding other currencies. This can potentially lead to increased demand for silver in economies with weaker currencies.
• Euro's Stability, Silver's Holding Power: The Eurozone, though facing its own economic challenges, offers a more stable currency environment compared to some emerging markets. This stability could make silver an attractive option for investors seeking long-term value storage without the volatility associated with emerging market currencies.
Investing Considerations
Gold's recent performance in emerging markets and silver's traction in mature economies highlight the importance of considering the interplay between economic conditions, currency fluctuations, and investor preferences.
• Diversification: Including both gold and silver in a portfolio can provide diversification, offering protection against different economic scenarios.
• Long-Term Outlook: Both gold and silver have a history of holding their value over time. Investors should consider their investment horizon and risk tolerance when deciding how much of their portfolio to allocate to these precious metals.
• Economic Context: Understanding the specific economic climate, both globally and within the investor's own country, can be crucial for determining which precious metal may be a more suitable investment choice.
The ongoing dance between gold and silver in the context of emerging and mature markets presents a dynamic and ever-evolving investment landscape. By staying informed about economic trends and understanding the drivers behind investor preferences, individuals can make informed decisions about incorporating these precious metals into their portfolios.
Up to 207% gains in SilverSilver has given a strong impulsive break out from the long term trendline resistance after long accumulation phase.
Big volume candles since July 2023 confirm healthy accumulation by strong hands.
Currently price is in Primary Wave 3 which can end somewhere near 66 level. A potential gain of 135% by end of this year.
Wave 5 target is around 87-88 levels which can be achieved by the end of 2026. Around 207% gains from CMP within 3 years.
Do your own due diligence before taking any action.
Peace!!
Don’t Miss Out: Capitalize on the 2024 Precious Metals RallyOur in-depth analysis throughout 2024 has consistently identified a strong upside for precious metals. This aligns perfectly with the predictions outlined in our Annual Letter 2024, where we highlighted a significant rally for gold and silver. Current market trends indicate this uptrend will hold until April 22nd, 2024. While a temporary correction may follow, our research suggests a renewed surge for precious metals beyond that date.
The volatile nature of the metals and commodities market can make navigating it a challenge. Here’s where market timing expertise comes in. Through in-depth analysis of market trends and historical data, our team can identify potential entry and exit points for precious metals like gold and silver.
SILVER Seeks Support at $22.00 Amidst Rate Cut ExpectationsOn Monday, silver experienced a sharp downturn, revisiting the $22.00 mark, reflecting a more than 2.5% decrease from its previous close. Market participants swiftly adjusted their expectations of early rate cuts by the Federal Reserve (Fed), leading to a substantial sell-off in the white metal.
Technical Analysis:
From a technical standpoint, the current price is positioned in a crucial support area around $22.00. This zone is fortified by a dynamic trendline, historically supportive of price rebounds. Additionally, the 78.6% Fibonacci level acts as a potential discount area, offering a foundation for the price to find support. The Stochastic indicator remains in oversold conditions, signaling the potential for a rebound. Anticipating a recovery, our outlook targets a return to $24.50 and $26.00 in extension.
Economic Landscape:
Turning to economic news, the CME Fedwatch tool suggests that investors are now eyeing a potential interest rate cut in May. This shift in sentiment is attributed to persistent price pressures driven by robust household spending and favorable labor market conditions. The upcoming focus of the week will be on the release of United States Q4 Gross Domestic Product (GDP) data scheduled for Thursday. A positive GDP reading would reinforce the narrative of 'higher interest rates,' aligning with the Fed's cautious approach towards premature rate cuts.
Outlook:
As silver grapples with the $22.00 support, the interplay of technical factors and market sentiment becomes crucial. The dynamic trendline and Fibonacci support offer a potential springboard for a price rebound. However, the economic landscape, particularly the GDP data release, will significantly influence the metal's trajectory. Traders are advised to closely monitor developments to navigate potential price fluctuations in the coming days.
Conclusion:
The silver market finds itself at a critical juncture, seeking support at $22.00 amid shifting expectations of Fed rate cuts. Technical indicators suggest the potential for a rebound, yet the economic data release later in the week will undoubtedly play a pivotal role in determining silver's path. Traders should exercise caution, staying adaptable to evolving market dynamics as they unfold throughout the week.
Our preference
Long positions Above Support Area $20 with targets at 24.50 & 26 in extension.
Inflation, and the coming SILVER PRICE EXPLOSION! As central banks around the world are losing their grip on baskets full of fiat currencies, real, tangible commodities like Gold, Silver, Platinum and Palladium are going to make an incredible run. There are three metals related to monetary systems throughout history: gold, silver and copper. So far we've seen gold pull ahead in the running, but soon silver will running it down with veracity!
Good luck, and always use a stop-loss!
Silver Fails At Top of Range . . . Now what?Silver: Daily Fibs and Indicators: Silver has a bull fib objective that takes it to 28.86, a massive move. It held it's 61.8% line in October 23 and was on it's way until December 23 when it stopped at the high of it's daily range. We traded down early in the year, only to test that high again htis past week. And, we are selling off of it again. We can't trust gold to go higher if Silver doesn't make a new high here. Silver lost it's embedded reading of the past 4 days. Big test for silver is 24.21, the BB midpoint, and the bull fibs from lows. that 23.55 level was resistance and the fact that it's the 61.8% line and support could be very key to support here. IMO, that would be a good place be a buyer for silver.
Silver 2 Year Wedge Breakout Looming?Silver is at a critical point in it's chart. With gold breaking to new highs, Silver has underperformed but has rallied alongside the yellow metal. Now we are at a critical stage that can see silver breakout of its flag and continue it's bull trend. The indicator that I love to look for longer-duration breakouts is the slow stochastics, specifically, when it becomes embedded or stuck on one side or the other side at the extremes. The last embedded nature for Silver on the daily chart occurred a year ago, late March 2023, that saw price on silver rise from 19.90 to 26.50. For three weeks, slow stochastic was embedded. We are at that point again with this rally. We are also at resistance from the wedge pattern. While I do think we can trade down in the early part of this week, I'm looking for support and a rally to kick us back into the overbought range and embed or "lock-in" price action. Gold has already embedded. I'm looking for silver to do the same and get us through the topside for a breakout.
Silver Surges as Market Anticipates Rate Cuts In a flurry of market activity, silver ( TVC:SILVER ) has emerged as a frontrunner alongside gold, propelled by expectations of impending rate cuts and a shifting investment landscape. With both precious metals experiencing a surge in demand, investors are flocking to commodities like XAU and NASDAQ:XAG , diverting cash from bonds in favor of tangible assets.
Gold's ascent above $2,100 and silver's trajectory towards $24 reflect the growing optimism surrounding precious metals. Technical analysis paints a bullish picture, with silver completing a 50% retracement of recent corrections and finding support from the 200 moving average on the tradingview chart depicted. The formation of a bullish hammer candlestick pattern further bolsters sentiment, signaling a potential reversal in fortunes. Further ascertaining to Silver's Bullish surge, is the formation of a Symmetrical triangle pattern on the chart.
As silver charts its upward trajectory, market observers closely monitor technical indicators for further confirmation of the bullish trend. The monthly chart hints at a bullish reversal in March following February's retreat, pointing towards sustained momentum for silver ( TVC:SILVER ) in the near term.
Beyond technical signals, analysts foresee a promising outlook for silver ( TVC:SILVER ) demand in 2024, driven by a projected 1-1.5% increase in global consumption. Industrial demand is expected to lead the charge, fueled by growth in sectors such as photovoltaic (PV) and automotive industries. This surge in industrial usage, coupled with a turnaround in jewelry and silverware demand, underscores silver's ( TVC:SILVER ) resilience and versatility as a coveted commodity.
With silver ( TVC:SILVER ) poised to capitalize on robust industrial demand and renewed investor interest, traders and investors are eager to capitalize on the metal's upward trajectory. As silver shines brighter on the investment landscape, its role as a strategic asset class is reaffirmed, offering investors a hedge against economic uncertainty and a gateway to potential profits in an evolving market environment.
As the bullion boom gains momentum, silver stands at the forefront, ready to seize opportunities and pave the way for lucrative returns for savvy investors. Amidst shifting market dynamics and economic uncertainties, silver ( TVC:SILVER ) remains a steadfast symbol of resilience and wealth preservation, beckoning investors to embark on a silver-lined journey towards financial prosperity.
SILVER 4H : Retest and then will rise up SILVER
New forecast
The price of silver ended last Friday's trading with strong negativity, settling below the 23.00 level and confirming the shift to decline, on its way to testing the 22.21 level initially, and we are likely to break this level to achieve additional negative targets up to 22.00 level and then will rise up again .
Therefore, a bearish bias will be likely for today, supported by the negative pressure formed by the moving average 50, taking into account that breaching 23.00 will stop the expected decline and push the price to recover again.
The expected trading range for today it will be between support 22.00 and resistance 23.00 .
Additionally ,Today News will affect on the market .
resistance line : 22.60 , 23.00
support line : 22.21 , 22.00
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
"Silver's 44-Year Cup and Handle Formation"Silver: 44-Year Cup and Handle Formation Points to Bullish Continuation
Silver, a timeless asset with a rich history, is capturing the attention of investors as it forms a 44-year cup and handle pattern, signaling potential bullish continuation. The current compression of the handle, coupled with a bullish pennant setup, suggests that a breakout could herald the onset of the next major bull cycle. Let's explore the dynamics of silver and the promising prospects it holds for investors.
Understanding Silver's Cup and Handle Formation
Silver's cup and handle formation is a classic technical pattern characterized by a rounded bottom (the cup) followed by a consolidation period (the handle). This pattern typically signifies a period of accumulation and sets the stage for a potential breakout to higher levels. With the cup spanning 44 years, the formation holds significant historical significance and suggests a prolonged period of bullish sentiment.
Compression of the Handle and Bullish Pennant Setup
Currently, silver's handle is undergoing compression, indicating a tightening range of price movement. This consolidation phase is often accompanied by diminishing trading volumes, reflecting indecision among market participants. Additionally, the formation of a bullish pennant within the handle further reinforces the bullish bias, as it typically precedes a continuation of the prevailing uptrend.
Breakout Signal for the Next Major Bull Cycle
A breakout from the handle's compression zone is anticipated to signal the beginning of the next major bull cycle for silver. This breakout would validate the cup and handle pattern, confirming the bullish continuation thesis and potentially unleashing a significant upward move in silver prices. Traders and investors alike are closely monitoring key resistance levels for signs of a decisive breakout, which could mark a pivotal moment for silver markets.
Conclusion: Positioning for Bullish Momentum in Silver
In conclusion, silver's 44-year cup and handle formation, coupled with the compression of the handle and bullish pennant setup, suggest that the precious metal is poised for bullish continuation. As traders await a breakout signal for the next major bull cycle, strategic positioning and prudent risk management are essential for capitalizing on the potential upside in silver markets. With the historical significance of the pattern and the technical indicators aligning, silver enthusiasts are eagerly anticipating the next chapter in its enduring journey as a sought-after asset.
SILVER 4H : Support further rise upSILVER
New forecast
The price perfectly fulfills my last idea and price reached to our targets.
The price of silver ended yesterday's trading with a noticeable positive note, confirming the breach of the 23.00 level, reinforcing expectations of the continuation of the upward trend during the coming sessions, and the way is open to achieving the next target at 23.50 and 23.73 levels .
Therefore the upward scenario will be remain valid and effective during coming period , moving average 50 continues to support the proposed bullish wave, and the price may witness some sideways fluctuation, keeping in mind that breaking the 23.00 and then 22.60 levels will stop the expected rise and put pressure on the price to turn lower.
The expected trading range for today it will be between support 22.60 and resistance 23.73 .
Additionally ,Today News will affect on the market .
resistance line : 23.50 , 23.73
support line : 22.60 , 22.21
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Silver to 23.52, then 24.40 and ultimately 25.90Fundamentals backing this trade idea:
- Silver as a seasonsal tendency to rise in the month of February
- Looking at the Commitment Of Traders Reports, large commercial hedgers are decreasing their overall net short positions
Thought process:
Smart Money Concepts begin with adopting the 'Market Efficiency Paradigm' which is the idea that the market is either seeking liquidity or areas of inefficiency at a premium or a discount.
I interpret the price run below 22.51 as smart money buying as a counter-party to traders who had market orders to sell the market at that price point (buying from sellers at a discount)
To then offset some of their positions at 24.40 where there are willing buyers at a premium
Any bearish candle that prints on the DAILY chart is viewed as a buying opportunity. I anticipate 'UP' candles to be broken through with low resistance and 'DOWN' candles to hold as 'support'