GOLD Weekly Outlook Nov. 24, 2024Gold has aggressively bought up into now a premium level to finally begin to send price lower. Staying with my initial bias, that we have indeed capped the high of the year for Gold given the fact that it has bought aggressively the entire year and must now form the closing wick for 2024 trading y
SILVER NEW HIGH COMING SOONSILVER after making new high made bearish H&S pattern on daily charts but couldn't fall further & arrested @ 86800 & pulled back.
Silver tested 86800 twice & made double bottom.
It confirmed double bottom pattern & negates bearish H&S pattern by breaking 914450.
Small hiccup @ 92525 before mak
Silver Set for Rebound: A Promising Long Position StrategyAs we transition from November to December, silver is showing signs of a potential rebound, having touched the demand zone for the second time. This trend indicates an opportune moment for exploring long positions in the market.
Our analysis is reinforced by the latest Commitment of Traders (COT) r
Update: GOLD, SILVER, NVDA, SPDR Sectors, SPY, QQQ & MoreThe markets are really struggling this morning.
The strong selling after the open is likely an indication traders are not buying into the hype right now.
NVDA earnings hit and drove the markets a bit higher into the open. I see this selling pressure as a BIG SHIFT into my Anomaly Event.
Gold & Si
Weekly Forecast Nov. 18th: Silver / Platinum / Copper /Crude OilThe precious metals have been bearish over the last couple of weeks. Will the market shift to a
bullish one this week?
Crude Oil has been bearish-neutral. Institutional players are busy adding to their sell positions. What will the market do this week?
Check the comments section below for updat
Long trade
Tue 19th Nov 24
9.45 am (NY time)
LND to NY Session AM
Buyside trade
Pair SIZ2024
Entry 31.145
Profit level 31.445
Stop level 31.060
RR 3.53
Reason for entry: Price reached a pivotal demand level of 31.106 indicative of a buyside trade.
Silver downside continuation?Will we see downside continuation in Silver?
Platinum broke it's trend with force this session, foreshadowing Silver's drop.
If support is found and maintained in the current marked areas, we may see consolidation and stability in price.
However, if the obvious trend continues, Silver may want to ta
GOLD Outlook for the week of Sun. Nov. 17, 2024I'm firm on my bias that we have capped the high of the year as it pertains to Gold and Silver. With the past week having accomplished the -2SD Draw on price, things are moving according to plan. My overall objective remains the same, as I believe price is headed to 50% yearly retracement and or -
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of Micro Silver Futures (Feb 2025) is 31.295 USD — it has risen 2.12% in the past 24 hours. Watch Micro Silver Futures (Feb 2025) price in more detail on the chart.
The volume of Micro Silver Futures (Feb 2025) is 11.00. Track more important stats on the Micro Silver Futures (Feb 2025) chart.
The nearest expiration date for Micro Silver Futures (Feb 2025) is Feb 26, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro Silver Futures (Feb 2025) before Feb 26, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Micro Silver Futures (Feb 2025) this number is 11.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Micro Silver Futures (Feb 2025) shows that traders are closing their positions, which means a weakening trend.