Silvertrade
Silver Launch Pad is Being SetSilver has long been a favorite of mine to trade. In the past few months, it has taken a nice breather creating what looks to be a consolidation pattern before an eventual move up. Gold seems to have created a double bottom this past week and I believe Silver is in the process of making a reversal from its recent slide down. f you zoom in on the daily chart, you will see a nice falling wedge reversal pattern forming. In the long run, I still expect Silver to push towards $100, but in the short term, $35 is our next target resistance level.
Silver - SHORT; SELL it here!!All the PMs but especially Silver is a Major SHORT here, with a Low-risk Entry!
A Bullish G/S and a likely USD reversal here - even if potentially limited in scope - should underpin a substantial decline in all the metals, from these levels.
Charts like this are no help, either! (Stock market forced liquidations have a tendency to spare nothing and no one, not even the PMs - at least initially.)
Silver, XAG/USD - new entry point🔥For the fourth time, the price approached the resistance level. If the price breaks the level this time, I will wait for a retest to open a long position. Let's see!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Silver possible bullish reversal Hi Traders
Silver (H4 Timeframe)
A low to medium probability, to go LONG is forming @ 26.473 after the market found support @ 25.342. Only the downward break of 25.342 would cancel this bullish scenario.
Trade details:
Entry: 26.473
Stop loss: 25.342
Take profit 1: 27.071
Take profit 2: 28.138
Take profit 3: 29.877
Score: 5
Strategy: Bullish Trend Reversal
SILVER 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
EURAUD 4H TIMEFRAME!
SILVER SELL - 25.993
🎯TP - 25.789
🎯TP - 25.585
🎯TP - 25.381
📈SL - 26.197
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SILVER - SHORT (Continuation); SELL it!! (... and forget it.)Much like in the old George Foreman grill commercials; "Just set (sell) it and forget it!". It's a dog but a great Short here!
Here is the "panoramic view";
It will deflate in 2 seconds flat, right along side with the rest of the currently prevalent inflation fantasies.
Silver Multi-Timeframe analysisHi Traders
Silver Multi-Timeframe analysis
H1 CHART
A low probability, entry signal to go LONG was given at 27.118 after the market found support at 26.847 . Only the downward break of 26.847 would cancel the bullish scenario.
Support & Resistances
27.039 27.510
26.816 27.652
26.528 27.940
H4 CHART
A medium probability, entry signal to go LONG was given at 26.544 after the market found support at 25.863 . Only the downward break of 25.863 would cancel the bullish scenario.
Support & Resistances
25.757 30.075
24.683 32.545
20.496 36.732
DAILY CHART
The market is approaching the support at 25.888 . We are waiting to see reversal signals in order to reinstate LONG positions. Next important support is the 24.160 level.
Support & Resistances
25.888 27.912
24.160 30.075
21.884 32.545
WEEKLY CHART
Waiting for a retracement lower towards the 21.653 support level, in order to reinstate LONG positions. Next important support is the 18.932 level.
Support & Resistances
21.653 30.075
18.932 34.662
16.512 42.844
Every time frame mentioned looks bullish. However, short term on 30 min i see a lot of bearish pressure.
Silver Set UpTrap 2.0
Will placing 2 positions once the market is open,
price is above the 10, 20 & 50 EMA!
Most recent candle engulfed the 3 previous candles.
TP's will get hit, money will be made!
*Markup is on the daily so it might take a few days to fully play out but hold & don't fold!*
(Personal recommendation try to buy physical silver, the central banking system is in historical weird times with all the debt created and the inflation of all currencies. Silver & Gold are tangible items that's values will never go away plus silver is used for solar energy! Think bigger, think for the long term & never be scared to lose.)
SILVER (XAGUSD) SELL FROM KEY LEVEL As i am watching silver had made a double top and make higher high but get rejected from 30$ zone
it had already done a retrace but we are expecting silver will retest these design levels and as we can see a recovery in $
so if it will not be a bubble then with dollar move it will go to our TP
Friends Silver is a highly risk based trade so always use proper money management
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SILVER very Bullish on long term.Key things to remeber, why SILVER could go much higher then we are expecting.
1. '''The amount of silver needed to produce conductive silver paste for the front and back of most PV cells may be almost halved, from an average of 130 mg per cell in 2016 to approximately 65 mg by 2028, according to the Role of Silver in the #GreenRevolution report. (***Published by CRU Consulting – a division of CRU International Limited – on behalf of the Silver Institute)
2. Silver properties as a metal make it unique to make a conductor for E-Auto with highest thermal & electrical conductivity then any other metal.
With the growing interest in Green energy ans E-Auto SILVER has a very good petential and also as like always as a safe haven value next to GOLD instead of holding FIAT Money.
** This is just for educational purpose. It is not an investment advice. I am just sharing my own analysis.
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