Gold DXY Silver12.28.21 DXY GOLD SILVER: I pretty much covered my viewpoint about these three markets. I came to an important point that I really didn't explain clearly because we ran out of time, and that has to do with the silver market and that gap that I alluded to for a late entry. After the silver market moved off the double bottom, there probably could have been a good trade to go along with the market corrected but didn't close the gap. I did not have time to put a line on the chart, and this is going to be an important approach to my trading on silver. I have never traded the silver market because of its reputation which is widely known. I decided a few months ago that that will be one of the markets I will trade. I have never traded silver but I own a lot of silver. Of the mentors I have had none of them traded silver because of its reputation. I have enough capital to trade silver, but I think it needs to be handled very carefully, and that it is important to stay away from those smaller time frames. I believe this is the kind of market that will kill you on hourly charts and smaller, and that for me that would be disastrous. This is especially true for silver. I am going to talk about it more and I will discuss winning and losing trades as a plan to take trades on this market in 2022.
SILVER1! trade ideas
Silver Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
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Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
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Silver: A long road ahead!We have come so far already, but there is much more to do! In our primary scenario, we expect the course to further drop and fall under the support at $21.41. After reaching these levels, the final stage of falling below $20 can be tackled. A temporary countermovement has a probability of 25% and can only be realized with an increase over $25.88.
Keep waiting!
Bitcoin12.25.21 Bitcoin This is a follow-up on bitcoin if you think of this as a spike trade. But the real focus is on scaling techniques which can turn a relatively contracted market for the past 10 days into a very profitable sequence of scaling in and out the market. If you have no interest in bitcoin per se, the real importance of this video pertains to scaling techniques.
Silver Commodity India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Silver Futures 08 DECEMBER 2021 1030hrsYou can see why the price got stuck in a range. It collided with a PVR. All a PVR is is an area where a mark-up (or mark-down) initiated. Like I mentioned before there are only 3 things that can happen at a PVR......You will have to look though my past charts to find them until i post them again however, its pretty obvious.
By no means is this a level where I would short... too low. Where does SM buy.... LOW. Smart money BUYS LOW and SELLS HIGH... There is ZERO deviation from this fact. If you always keep that in mind, you greatly enhance your chances of a win. Never fight the market, go with it. Do what SM does.
In order to sell I would be targeting a previous violent reaction from a supply zone. If looking to short, the further away from support/demand zones the better. Think about it logically. If you where in a long position where would you want to take profit? If short from the top, where would you want to take profit?
Supply and demand, volume, price action. This is the way to trade.
VSA/WYCKOFF will show you the template of the market.
Silver Mini - LongSilver Mini - If it is able to hold 65240 - 64330 level, we could see fresh uptrend. One can enter @ 66400 level with SL @ 65200. If this comes to 65300-65200 level, this will be a perfect beach trade entry in the Nimblr concept. Alternatively one can put a SL entry @ 65300 level and once triggered can keep a SL of 64300
Silver & Gold big move up incoming... maybe even some todayI think the 1-2 1-2 setup here in Silver & Gold is reasonably probable to trade and is quite bullish. Inflation tends to agree, as do many analysts.
The very short term setup has a 1-2 as well, at least in gold. It looks to me be very solid agreement at this very moment in time to be entering the 3rd wave across multiple degrees.
The market also just took a massive stab lower and has now reversed it in about the same amount of time, and this can often signal a reversal... in this case metals have been chilling for a few days, hopefully the chill is over.
Bought some $30 February calls, now we see what happens!
Silver The weekly forecast is a little hazy, as prices have been trading in a range of 67300 - 65800 for the past three trading sessions. On the daily chart, the RSI is indicating negative divergence, which could limit the upside rise shown in above chart. Above 67400, further upside is possible, maybe leading to 68800 levels. On the other hand, failure to breach the previous week's high could result in some selling pressure towards 64000, below the main support of 65800.
Major support – 65900, 63900
Resistance – 67400, 68800
It will be a volatile session until next week, with prices predicted to trade on both sides until they stay inside the provided range. As major outlook looks extremely bullish, some downside moves near 64000 can be consider as a great opportunity to accumulation.
Looking at history, silver appears to have a strong seasonality bulling around the beginning of December, so I believe we will see some weakness over the next two weeks provide great opportunity to buy for next bull run.