Silvers greener pastures aheadHopefully I can look back on this and be close to the mark? Longby jnlightingtraining113
Silver, are we getting ready to moon?I noticed a possible pattern in Silver's historical chart. My third yellow line at this point is just a guesstimate. GLTA!Longby StockRenter3
Silver's Elliott Wave Suggests A Triangle is UnfoldingSilver's current Elliott wave pattern appears to be a triangle. Triangle's unfold in 5 waves and silver's triangle is near the end of the 5th wave. Prices may dip to $24.75 where a couple wave relationships exist. Silver does not have to dip and this would not be a tradeable move lower. Parallel waves in the triangle tend to have 61.8% or 78.6% distance relationships. Wave C = .786 x Wave A. Also, Wave D = .618 x wave B. Based on the general look of the structure and some geometry within the structure forming, it does appear we may be on the finishing stages of a triangle pattern. If this triangle is the pattern, then silver may dip to $24.75 though it doesn't have to. This is a bullish chart to new highs If silver runs up to new highs, this may suggest a weakening dollar which is what we've discussed on some of the forex pairs in the Elliott Wave Weekly Report. Good luck!Longby JWagnerFXTrader338
Silver: Bearish Comeback! 🧸🧸🧸The bears have returned to the silver market and are finally working on realizing our primary scenario. We expect the silver price to drop under $24.04 and stabilize there before further moves down south are going to follow. In detail, we expect the price to fall between $18.62-$13.70. Happy weekend!Shortby MarketIntel2
SILVER forecast - went into correction mode and might extend furSilver is witnessing quite a huge dip today, opened gap down below the support area, seeing further massive sell-off , this correction might extend further as i see a probability of cypher pattern on the daily chart and the support of cypher pattern also aligns with weekly support around 64810- 63000. Hence , even if we se any rally in the coming trading session , it might get consumed in another selloff. Conclusion : short term trend is definitely bearish, but intermediate and long and long term trend is still bullish, so as a investor one can wait for 65000 - 63000 levels as an investment zone.Shortby manuagarwal213
Silver lacks momentum to break higher. Time to short?Silver has not been able to break through resistance level around $28 for more than a month now, which suggests that at the moment this may be the limit and a correction to $26-27 is highly possible. In the worst case, it could even reach $22-24. Short @ $28, TP $26-24-22, SL $29.Shortby Heist_FlyZUpdated 1
silver daily.All markets took a hit yesterday after fed announced something bearish. Let's see which markets will continue lower.by emehoke1
Silver trading ideasBuy silver above 74222 and 80000+ trgt can come I see a triangle break above will give strong upmove.Longby Arindampaul71
Short Term sidewaysResistance 1 : 75,200 Resistance 2 : 73,800 Supprt 1: 69,800 Support 2 : 67,400 Market trends in sideways. Traders may buy or sell their lots near the trend line. Disclaimer : Herewith I just shares my view. Please trade with your own and comfortable ideas.by jothimageswari1
Silver SHORT, COT + seasonal bearish 5 hour and daily chart are showing sell signals, last 4 wednesdays/thursdays where also bearish. Looking forward for more sell signals...Shortby responsibletrad8r0