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Xagusdlong

SVL ASX - Silver trade of a lifetime Massive RR 64 xThis trade is something ive been building into over the last couple months to gain a leveraged position into Silver through my choice pick Silver producer. If you managed to catch my trade call on Silver yesterday, well done!!! make sure you bank those profits and don't hand them back! I'm very bullish on this stock due to the stocks positioning being outside of conflict zones or areas which are being impacted by Covid 19. This is coupled with the fact that the ore bodies have lots more primary Silver deposits in the ground at a time when i see lots of upside to Silver prices with no near sign of a drop in Silver prices. This stock also performed very well post GFC - actually fair to say one of the best silver miner stock performers i could find across all markets when looking at price over post GFC time frames. On the chart, I have mapped an aggressive buy and hold with a clear road map as to when ill be looking to move stops and secure the bag. Click FOLLOW on my profile and like comment the post to receive updates as I'll be updating this trade of a lifetime as it unfolds. As I write this have had a handful of positions I've profit locked a health distance away from today's pricing. I'm expected some healthy bullish price action today as the ASX opens after the strong Silver moves that have happened over NY time frame. Leave us a comment or like to keep me motivated to post more! Have a great week everyone! SMTP
ASX:SVLLong
by showmethepips
7
Why do we ignore Silver?Gold has always been attractive to forex traders and the last few weeks were no exception. Silver, on the other hand, usually does not get the attention it deserves. I would suggest that silver come on your watch list now, since gold is at/near all time highs. There is a lot of room to the upside in XAGUSD. I can see a nice setup developing on the H1. If you like my analysis, please give it a "thumbs up" and follow me to get immediate notification of my trade ideas. As always, please use sound money and risk management in all your trades.
OANDA:XAGUSDLong
by Trading_Vista
Silver - Triangle gameI'm watching silver for weeks now . It's in a triangle and it seems it's finally breaking out today. The precious metal intermediate cycle is getting mature but I still think silver is not done yet. If I'm right we are going to have those 1$ up days in the following 2 weeks what we had last summer. The question is if we can break through the multi-month-blue-trendline on the daily as we are breaking out of the triangle. If we do the rally can produce a 3-4$ rally up to 22$ in a very short period of time (5-10 days) : I'm also watching the XAUXAG ratio: The bear flag on the above chart is breaking down. It means silver will rally much more violently at the end of this precious metal intermediate cycle than gold. I will use a stop if price turns back and breaks below the triangle. Important : JP Morgan can hit this anytime to turn back down producing a bull trap. If we can't hold the breakout and reverse you will have to stop this out. Banks are hungry for your money. They've lost a lot during the pandemia.
OANDA:XAGUSDLong
by chartwatchers
13