Silver. Another decline coming (1hour chart)Hello traders,
I expect another decline for Silver with target between $19 and $20. If my analysis is right i think price won't go down any further because we have a WXY (corrective pattern completed ) where Wave (W) is a ZIG-ZAG Wave (X) is a triangle and Wave Y is a 5 wave Impulse decline
Silvershort
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.
SILVER short trade ideaPlan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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 as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Another 20% for the bears! 🐻
We updated our target for the correction in silver. Due to the breach of the $23 area, we have to expect further downward movement. The new target for a turnaround is between $19 and $15.50. A yellow box indicates the zone. This bigger correction leaves us with more potential to the upside after the current correction. We think that we are now ina major wave 2 in blue. This means that after completing the correction, a bull run to prices over $30 could start.
Share your opinion in the comments! Happy Trading!
The pharmaceutical industry use more Silver - Breakout possible!Silver is used to purify and disinfect water. The pharmaceutical industry also makes use of the antibacterial properties of silver since short time.
22-23 usd are also the support line and same time the increase zone.
Have good time all(:
Silver M Buy / Sell Based on FIBO / GANNRisky can Buy at CMP 56420 stop loss 55990 Target 58050 / 58640
Sell at 58600 Stop loss 59480 Target 58640 / 58060
which ever entry triggers first then go that side and leave the other view
Fibonacci and Gann always rocks support us follow us and research with us
You heard it here first! 🥇 - DailyMarketUpdate 📉 Silver is tanking!
After reaching our defined turnaround zone in yellow, the bears take over the market. Just as indicated in our first Silver post (👇🏿 hyperlinked below 👇). The support level at $25.78 is broken, and the downtrend accelerates. The next support to watch out for is at $23.58. At around $23, we expect the next major countermove.
Happy Trading! Feel free to discuss!
ridethepig | Silver Waterfall Event📍 What's in play here?
This boat is becoming very crowded and the absolute freeing move would be a pullback into support before continuation to the topside in 2021. I have dropped my target to 18.5x, because even after the defensive CB manoeuvres continue the strength is mostly priced, and late buyers are underestimating that.
The nucleus of the move comes from a 11 August with the start of an ABC part inside a 5-3-5 pattern to open up the possibility of a slingshot in wave 3. For now, to the downside sellers must not allow buyers too far down, or else the threat of the creation of a wedge would becoming disastrous. Take for example 22.4x and 18.5x as main targets to aim for. While to the topside, invalidation and reassessment needed above September highs.
Thanks as usual for keeping the feedback coming 👍 or 👎
Silver- a more clear view than GoldAlike Gold, Silver is offering a more clear view...
The price of Silver doubled its value almost verticaly and 30 zone acted like a clear ceiling for this commodity.
From this point the price could drop hard to at least 24 and in my opinion rallies above 28 should be sold