AMEX:SLV Silver , gold is commodity play and never want to hold for long term however, opportunity to trade always an opportunity for PWI LAB portfolio looking to add based on my weekly setup What do you think?
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...
Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. SLV had a bullish bounce off the yellow trend line on Friday October 6 (marked by the...
Silver may outperform gold for the short term as SLV is screaming for attention. It just had a recent golden cross along with a by-signal measured by Aroon up. So don't miss out on this one at all! I'm also testing the same theory with other highly liquid ETFs as well for tomorrow's trading day.
I'm very bullish about silver moving forward. I firmly believe that at least 75% of your long holdings should be in physical silver in your own custody. 25% can be in paper contracts, stocks or derivatives. I still think there are good trades to be made on the short side, at least for the time being, but always use a stop loss.
long term down trend line may be setting up for a break measured move could send silver to $100 or more could take many years to play out
It’s got a good chance to shoot up here next week or so: It’s looking good but might not last long.
play stands. "we buy gold for cash now!" you'll be hearing that quite a bit.
This is one to watch. As the US Dollar Index (DXY) falls, gold and silver will go up. Take a look at the 1M MACD, we could see a long bull run in metals, especially silver.
SLV has shot up again in the past couple of weeks. After taking a look its a bid extended from the 20,50,100 day MAs on the daily chart. Volume hasn't been anything significant and its facing a long standing trendline. Dollar has also been melting down which is a nice catalyst for SLV but eventually the dollar should find some support near term imo. I expect SLV...
(Elliott Wave Beginner) 1. 5 impulse waves completed (2020) 2. Supporting 0.618 ($20) for over 1 year 3. Volume increased over the past 2 years 4. The massive support volume below $16 TP: $43 SL: $15
Market Will Begin To Slide Due To Economic Instabilities - More Physical Is Being Bought & More - Paper Trades OANDA:XAGUSD FOREXCOM:XAGUSD FX_IDC:XAGUSD SAXO:XAGUSD GLOBALPRIME:XAGUSD FX_IDC:XAGUSDG FX_IDC:XAGUSDK OANDA:XAGEUR FX_IDC:XAGEUR FX_IDC:XAGTRYK FX_IDC:XAGGBP FX_IDC:XAGAUD FX_IDC:XAGCAD FX_IDC:XAGZAR FX_IDC:XAGCHF ...
Hello everybody! We have nice setup on silver shorts :) Targets are on the chart. Take care!
Silver (XAGUSD) - 2021 Support Resistance, Trendlines (Daily Chart): -Resistance Price Levels (colored horizontal lines above current price) -Support Price Levels (colored horizontal lines below current price) -Trendline Resistances (diagonal yellow lines above current price) -Trendline Supports (diagonal yellow lines below current price) note: chart is on log scale.
Hello, Last time I posted bearish scenario for silver but as weekly candle did not close below important weekly levels, I reverse my bias and now lean towards bullish price action on silver. This system I use with fractals works out well for me and gives quite decent price targets for the future. Do with it whatever you see fit. Dollar is on major break-down...
Hello traders, here is a medium-term price range prediction for SLV. It is not easy to understand and you can clearly see the momentum for the stock. I believe you can buy now and sell 1-4 weeks later for some profit. Hope to see you with my next predictions! Take care, stay safe
Did my EW analysis on DXY. My gut thinks we are still correcting in a large bear market and the next move out of the falling wedge is just counter trend and I am waiting for more clues to establish where we are in the trend. And of course my bias is that all the money printing and liquidity injections from Fed Reserve will lead us into a larger bear market where...
The 200 SMA dynamic support lines up with the middle of the pitchfork and demand zone. Very high probability trade setup IMO.