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Silversignals

XAGUSD (SILVER) Trading planPattern: Channel Up on 4H. Signal: Buy either after the 25.070 Resistance breaks or near the 23.160 Support. Target: 26.000 (inner Higher Highs trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
FX_IDC:XAGUSD
by TradingShot
2
Is Gold about to outperform Silver again for years?Another simple study of mine looking at the pressure point of the Gold/ Silver ratio. As you see since 1980s, every time GC/SI reaches the 0.5 Fibonacci retracement level, whether it is on a mini wave or hyper wave, the price rebounds strongly and for many years. If the current wave is mini or hyper it is up to you to decide and set your target accordingly but most likely once contact will be made with the 0.5 Fib again, Gold is likely to outperform Silver for at least 5 years. Did you find this useful? If so, please like, subscribe and share your ideas and charts with the community! !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
COMEX:GC1!Long
by TradingShot
1
GOLD/SILVER ratio in the Subprime and COVID crisesI don't know how many of you speculate on the Gold/ Silver ratio but I do. And I have come across an interesting pattern in 2008 during the Subprime Mortgage Crises that may be repeated now during the COVID crisis. As you see on the chart, the LMACD is the key indicator on it, and it has topped at 0.069. At the same time the price action is very similar with 2008 as the March spike got sold aggressively and is declining towards the 1M MA20 and MA50. A break below may lead to a 2008-like -60% drop in total. Do you think a potential upcoming global recession can repeat this pattern? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
G
by TradingShot
5
The S&P to Silver ratioThis is an interesting one. The relationship between S&P and Silver has been quite cyclical. Twice has Silver outperformed S&P in gains, lasting around a decade each. S&P has outperformed Silver from 1980 to 2000 and then from 2011 until today. The Golden Cross formed at the end of 2017 is an encouraging sign that S&P will continue to outperform Silver however the parabolic curve has started to trend sideways (dashed curve). Once this curve breaks, we can continue longing this as S&P will extend the dominance. Otherwise it will be time to get in on Silver for 3-4 years until the mini cycle is over. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
SP:SPX
by TradingShot
Hand Sanitizer + Facemasks + Precious MetalsA bit concerned. I dismissed claims that silver would not be available when the time came but tonight, I've just noticed apmex.com (a top online retailer for precious metals) has now listed many of the top selling 1 OZ SILVER BARS as PRE-SALE ONLY. AKA SOLD-OUT. Then I checked the smaller sub ounce gold coins. Same story. Wonder what happens next? FOREXCOM:XAGUSD TVC:SILVER TVC:GOLD OANDA:XAUUSD OANDA:XAUEUR FX_IDC:XAUCNY OANDA:XAUJPY AMEX:JNUG AMEX:JDST AMEX:GLD AMEX:GDXJ AMEX:GDX AMEX:BTG NYSE:GOLD AMEX:NGD FX_IDC:XAGUSD AMEX:SLV
TVC:GOLDLong
by HandofGold
BITCOIN and Silver: Striking similarities of a Bull Cycle.After analyzing the price action on the short term , I want to bring to your attention an interesting analogy: Bitcoin's Cycle on the 1W chart since the December 2017 top versus Silver's Cycle on the 1D chart since the September 2019 top. As you see the similarities between the two fractals are striking. I know the time frames are different but serve well enough the purpose of comparing market Cycle. More precisely the abrupt end to a Bull Cycle (ending the parabola) then the whole Bear Cycle and lastly the start of the new Bull Cycle. ** Similarities ** First of all both appear to have put their respective Bear Phases behind as they've made Higher Highs. - The end of the previous Bull Cycle came when the MA50 was crossed from the upside. - The MA200 was never crossed and acts as a Support for the new Bull Cycle (in fact for Bitcoin it made a perfect bounce on it). - The Bear Cycle ended after a new Higher High was made which on both assets was on the 0.786 Fibonacci retracement. - The start of the new Bull Cycle is validated by the test of the MA50 which is acting as a Support. ** Differences ** - The only notable difference is seen on the MACD. For Bitcoin it has already turned bullish while on Silver it is close to. This is because the correction of the start of the new Bull Cycle has already finished on Bitcoin and since January 2020 we see the new bullish leg (oval shape). Silver hasn't posted that leg yet but as long as the MA50 is in support, the MACD will make that bullish cross. Interesting to point out that Bitcoin's current bullish leg has marginally crossed again the 0.618 Fibonacci. Well that wraps it up. The point of this study was to see how similar Market Cycle's are, irrespective of the time-frame. It is the human psychology factor that is the one constant in all trading investing/ activities and as you see the pattern we human's print under certain conditions (denial when the Bull Cycle ends, panic sell after, disbelief at the bottom, euphoria near the top etc etc) is the same. I hope you enjoyed this analysis. Do you agree with the above? Let me know in the comments section! Please like, subscribe and share your ideas and charts with the community!
BITFINEX:BTCUSD
by TradingShot
20