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Silverprediction

XAGUSD: Price Approaching Critical Zone. Watch for ReversalHi Traders, Silver has yielded a textbook double-three expanding flat. The key fibonacci levels for wave X (1.05 - 1.38) have been respected and I'm therefore expecting price to reverse from within the golden zone (0.50 - 0.618). The golden zone in this case will be the zone where wave B retraces wave A. As such such, what we're looking to trade is wave C and the target is within the blue box between 15.60 and 14.93. Regards Wave Theorist
FOREXCOM:XAGUSDShort
by UnknownUnicorn5158708
Silver Past & Present Bull Run/Bear Market Analysis. Is RSI Key?This month's observations and discussion points are as follows: + Looking at the RSI, 200 MA and candles, it would not be unreasonable to believe there is more down time ahead. + Buying when the RSI is oversold on the monthly chart is not a bad good idea (not financial advice) as after the ONLY two previous times, bull runs have followed. Crunching the Data Bull Run & Bear Market A vs B Bull Run A >>> Dec 1971 ~ Jan 1980 (8 years & 1 month) Bear Market A>>> Feb 1980 ~ Feb 1991 (11 years) Bull Run B>>> Mar 1991 ~ Apr 2011 (20 years & 1 month) Bear Market B>>> May 2011 ~ Sep 2018... (7 years & 4 months...) Bull Run A>>> $1.39 ~ $38.20 (x27.48) Bear Market A>>> $35.12 ~ $3.62 (-89.70%) Bull Run B>>> $3.75 ~ $49.71 (x13.26) Bear Market B>>> $48.15 ~ $14.16...(-70.60%...) Notes: Bull Run A was x2.07 larger in price than Bull Run B. Notes: Bear Market A has so far decreased 19.10% more than the current Bear Market B. Final Calculation & Summary Bull Run A was x2.07 larger than Bull Run B, so it's logical to expect Bear Market A to also be x2.07 longer than Bear Market B. 89.70% / 2.07 = 43.33% Following this assumption, the current bear market needs to go 43.33% down from Bull Run A's ATH and at this point should become oversold on the monthly RSI and ready to begin a new bull run. It's currently already down 70.60% from the ATH of Bull Run B so I GUESS ALL OF THIS RESEARCH WAS A COLOSSAL WASTE OF TIME! I guess every bull run is different and shouldn't be compared?
FX:XAGUSDLong
by fifty2kph
2
SILVER TO GO LONG OVER THE YEARS!No long explanation here, just thought i'd do a quick share on markets I am watching to get in on for the long haul. If you read most of my charts in the past 3 weeks, you should know how I trade. Feel free to use this as your guideline. This is long-term trade so atleast a year upwards before you look into collecting your winnings. I don't really suggest where to get out, you decide for yourself, but if you want my suggestion on where to consider an exit then feel free to ask. Wait to bottom out and buy in at trend reversal to the bull side at below suggestions; 1st/top yellow line sitting at 13.723 2nd/bottom yellow line sitting at 9.683 DISCLAIMER! I suggest working on the monthly view (1M) timeframe, using the MACD , Stoch RSI and CM_Ultimate_MA__MTF_V2 (combo of multiple indicators created by someone and accessible if you have pro account on tradingview). Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, thanks.
TVC:SILVERLong
by Dani0
2
Silver will lead the Metals Higher InitiallyWhile the gold miners are looking to finish the ABCDE triangle consolidation shortly, they still have not decided whether they will go lower to touch the E at the bottom of the triangle or break out early and leave E behind. Hi Ho Silver however, already gave us a fake breakout first, and has now gone down and touched the lower triangle point E. This is a buy point as the sideways action or downside should be limited from here, but the upside is massive especially in the 3X Leveraged USLV. I'm a buyer of this now and will be watching the gold miners to follow Silver shortly after silver starts it's move upwards.
ULong
by HoosierHODL
THE UGLY STEP-SISTERI made the poor choice (captain hindsight), to long silver miners (point A) instead adding to some of my fav gold miners (AEM/BTO). My rational behind this was I truly believed that silver had bottomed at the $17 level (which has proved to have been correct so far), and that it would bounce back over $18 in the next few months (which it is still on track for). I had also believed that because silver has an actual use in this world (compared to gold), that it would be the stronger PM by % in the next handful of months (which is still a possibility). However, my silver miners have been lagging behind my gold miners significantly, causing me immense frustration over the past few weeks (perhaps I have the wrong stock, I don't know). I still have hope for silver to start catching up to gold's %'s on the year, and having this trade pay off. It is currently making higher daily lows on it's current trend-line, however it really hasn't made any significant moves. I believe that we potentially see 18 this week, depending on whether or not silver continues it's bullish momentum (RSI rising), and whether or not we catch some help from the NFP report on Friday (or some more help from Clinton). I believe it will continue to move up along this trend-line. Will silver change from the ugly-step sister and become Cinderella? Stay tuned...
FX:XAGUSDLong
by GeorgeJimas
1
Magnificent high leverage CAD JUNIOR SILVER minerAurcana Corporation is a Vancouver-based company whose shares are listed for trading on the TSX Venture Exchange (AUN.V). Aurcana owns the Shafter Project, a silver deposit located in Presidio County, southwest Texas. The Shafter Project was advanced and substantially built prior to being placed on care and maintenance in December, 2013. vimeo.com The American Metal Co. of Texas acquired the property in 1926. Operations ceased from July 1930 until 1934 due to low silver prices. By 1940, the quality of the ore was 10.7 ounces of silver per ton. The recorded production of the Presidio Mine between 1883 and 1940 was 30,972,286.15 ounces of silver. Production from 1927 to 1940 alone was 11,809,163.8 ounces of silver , 5,406 ounces of gold, and 7,678,049.8 ounces of lead. (Ross, Clyde (1943). Geology and Ore Deposits of the Shafter Mining District, Presidio County, Texas (USGS Bulletin 928-B ed.). Washington: US Government Printing Office. pp. 45–125.) The Company recently announced a resource estimate for the Shafter Project and has completed an in-house review of the historic database and exploration potential. The company is led by an experienced, seasoned management team that includes mining, legal, finance and geological professionals. Aurcana is committed to deliver maximum value for its shareholders, stakeholders and employees.
ALong
by JanJoosten