Cosmic Gravity predicts silver futures shortCosmic Gravity predicts that silver futures price will drop based on 5 bearish signals over 2 timeframes (see charts)
SI1! trade ideas
Silver Futures Monthly Log ChartYes, #silver still has more work to do before getting my confirmed breakout call.
Because I use risk & money management, I do not feel #FOMO.
I can make equal or bigger gains, trading from a higher price point, with less risk.
Few understand this.
#fintwit #patience
#SILVER Weekly Major Support & Resistance levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
#SILVER Weekly Major Support & Resistance Levls##Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
DeGRAM | Silver shortSilver is clear in the consolodation .
Price action made a complex pullback. Price bounced off the major resistance level before .
A false break is a great signal and opportunity for a trend continuation trade.
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silver: 5% grows before possible reversalAnd after reaching 21.15 level, then possible downtrend to 17.48 and 16.83.
There is a possible butterfly pattern here, like before on this chat, i added dotted shape of previous movement.
#SILVER Weekly major support & resistance levels.Here providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular support & resistance levels.
SilverMic Futures MCXthis chart shows now where is price moving through the chart
the levels mentioned in the charts are references, I was expecting silver to go into a downtrend for a few days.
SILVER 1DPreferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
Silver Bull Flag1. Large bull flag on the weekly
2. Support tested and held
3. Global macro lends itself to store of value thesis, in addition to green transition requiring silver.
░🔮░SILVER FORECAST | 1W ░🔮░COMEX:SI1!
Eve is out sick right now (I temporarily broke her during an update). So I am posting solo no Eve, no Gordon.
I placed layed this forecast out in May when I posted this 30 day forecast. That played out here:
So far this one is looking good and very accurate.
What do you think? Will this forecast play out? Will we see (around) double the price in Oct 2023?
Silver chart overviewThe price of silver additionally fell today from yesterday's $19.20 level to $18.80. A strong bearish impulse in the previous four hours could cause the price of silver to continue to weaken and revisit last week's $18.00-$18.20 support zone. For a bullish option, we need a positive consolidation and a return above the $19.00 level. After that, we could expect the price of silver to try to recover above the $19.40 level. This would move us into a positive zone from which a new bullish impulse could emerge. Potential higher targets are the $19.60 and $19.850 levels.
Silver Futures Daily Log ChartSilver has more work to do before a solid uptrend can be renewed.
Stay clear until chart tells you it's time to get back in.
#patience #fintwit #silver #gold
Silver chart overviewThe price of silver this morning formed a new higher high at $19.67; we did not stay there for long because the price retreated very quickly. Today's minimum was at the $19.05 level, after which we see an immediate minor recovery from the $19.20 level. For a bearish option, we need a negative consolidation and a drop below the $19.00 level. Then we need to stay down there for the bearish trend to continue. Potential lower targets are $18.80, $18.60 and $18.40 levels. For a bullish option, we need a new positive consolidation and a move above the $19.40 level. We need to stay there and continue the silver price recovery with a new bullish impulse. Potential higher targets are the $19.60 and $19.80 levels.
✅SILVER LOCAL LONG🚀
✅SILVER was trading in a downtrend
But now we are seeing a bullish breakout
So I am locally bullish biased
And I think that the Silver will go further up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Sliver Futures (SI! ), H4 Potential for Bearish MomentumType: Bearish Momentum
Resistance: 19.965
Pivot: 18.830
Support: 17.495
Preferred Case: The H4 price is below ichimoku cloud , The price may drop form the pivot at 18.830, where the overlap resistance is to the 1st support at 17.495 where the swing low sits
Alternative scenario: If there is a price reversal, price will move to 19.965, where the overlap resistance and 61.8% fibonacci retracement are.
Fundamentals: There are no major news
Silver long positionafter a series of lower lows and lower highs trend is broken
possible indication of trend reversal
and entry for a long position
Sliver Futures (SI! ), H4 Potential for Bearish MomentumType: Bearish Momentum
Resistance: 19.965
Pivot: 18.830
Support: 17.495
Preferred Case: The H4 price is below ichimoku cloud, The price may drop form the pivot at 18.830, where the overlap resistance is to the 1st support at 17.495 where the swing low sits
Alternative scenario: If there is a price reversal, price will move to 19.965, where the overlap resistance and 61.8% fibonacci retracement are.
Fundamentals: There are no major news
One more dip into lows before the grind into ATH's for Silver!One more dip before lift off or slow grind to ATH's your guess is as good as mine but current super cycle count is 5 of C of 2 of 5. The break of the 65% fib back in February 2021 took out the short fib algo's now the fall back into the long fibs looking for support. We're running out of room and have a nice zone for accumulating a long position starting at the August low 17.880 to the 65% fib level 16.280. The -0.236 profit target is sitting nicely in between the 61.8% and the 65% fib levels with a lower border of a pitchfork as well. Will the banks finally let silver run?????
Silver chart overviewThe price of silver tested the $19.00 level of resistance yesterday, failed to climb above, and turned again on the bearish side. During the Asian trading session, the price first fell below $18.80 and soon below the $18.60 level. The bearish trend continued in the European trading session, and the price fell to $18.38. We could soon test support at $18.20 from Monday. A strong dollar could easily push the price of silver below that level of support, and our target would then be the $18.00 level. For a bullish option, we need a new positive consolidation and a price return to the $18.80-$19.00 zone. Then we need to hold on there and move above the $19.20 level with a new bullish impulse. After that, the price would be better positioned to continue its recovery. Potential higher targets are the $19.40 and $19.60 levels.
Silver's major support and resistance levels Silver's major support and resistance levels as per weekly close,where silver can take support and face resistance in next coming week. Three black lines indicating central pivot range
SIlver MiniCurrently silver trading at 55700. Buy silver mini lots from 55555. accumulate at every 500-1000 Rs lower value based on individual risk appetite.
In other words, buy below 18.5$ and about 1-2% down, todays rate are of Jun 2020, the lowest in 5 years was in MAR 2020 about 12.5.
With FED meeting looming and bond yield increasing, dollar will become strong and metal will become weak, but Rs depreciation may provide support after Nov 2 to certain extend and with festival season ahead.
RBI may not support Rs when FED increase rate. The same pattern is seen during last FED rate rise.
Start selling above 57500-58000. for multiple lots, sell with upward movement of about 750 Rs for each lot.
THis is for SILVERM NOV future. For SILVER adjust the values accordingly.
The above suggestion is for education purpose and individual shall buy based on his own judgement and risk appetite.
