RaSantana

RaSantana Updated 

The high at $3223.123 may provide another shot at goal for those who are bearish on gold at these levels.

RaSantana

A Fibonacci 50% Retracement on Silver, provides another shot at goal for those looking for lower values!

RaSantana

Technical analysis suggests that gold may fall 50% to under US$1700 an ounce. This will surely bring Silver with it! Please do your own due dilegence! This is not investment advise, but made for educational purposes only.

RaSantana

Urgent warning to fellow traders! Technical analysis suggests that Gold and Silver may have topped out and are heading much lower. If gold falls 50% to around 1690 or even to 1650 it will take silver with it. So this is not investment advise but is issued for educational purposes only. No responsibility will be taken for any losses you may incur. You are...

RaSantana

A beaitiful wedge pattern may have completed as 10/26/2024. I am going out on a limb to call this a bottom! So trade at your own risk, as this is for educational purposes only! Good luck with your trading!'

RaSantana

A bullish scenario appears to be developing in the AUD. A long awaited update has turned bullish. Disclaimer. This is not investment advise, but is published for educational purposes. No liability will be accepted for any loses resulting from this publication. Wishing you success! :)

RaSantana

This is not investment advive, but an educational view on a bullish trend.

RaSantana

This is not financial advise & is only for educational purposes. Trade at your own risk as I will not be held responsible for any losses that may happen. Good luck with your trading.

RaSantana

After overcoming resistance at $34/$34, the next stop is $50 where a substantial correction should take place.

RaSantana

The Australian dollar may have formed a tweezers top inside an upward sloping wedge. Caution is deemed necessary at this point because if the bottom line of the wedge pattern is broken this would signal a sharp move downward. Taking some profits off the table could be a wise move at this juncture. Divergence between chart and RSI also points to...

RaSantana

Since the great breakout, we are about to have another opportunity to load up on some more silver after the 61.8% retracement or pullback has completed. Based on the length of the bearish flag pole I believe that silver will puncture the 61.8% level and enter the Buy Zone as outlined. While I don't believe in shorting silver in a bull market, it is necessary...

RaSantana

Whether you call this a breakout from a right angled triangle or a breakout from the preferred wedge, I believe the long awaited breakout has occurred at last! This move after a pull back could eventually see the price of silver on this daily chart go on to $25 to $30 very quickly! If this happens like I suspect, it will give an opportunity to take some...

RaSantana

Silver to Gold Ratio of 100 to 1 is in sight! 100 to 1 odds looks likely given that the ratio is now 92.7 to 1. Looking at the monthly chart of the ratio going back to 1998, it would almost be a shame if silver didn't spike to 100 to 1 with gold! It is now necessary to watch for this abberation in the silver/gold ratio. It will surely hit 99.999 just to...

RaSantana Updated 

A 50% retracement to $1311 or even $1303 can be expected before a resumption of the uptrend which is happening in Gold.

RaSantana Updated 

Silver broke out of the falling wedge, and then out of the downtrend which formed inside the wedge. After falling to the 50% retracement level at 14.74 or even the 61.8% retracement level at $14.65, I expect a surge towards the downsloping line of the large triangle. A breakout of this triangle would be needed at a close of $15.60 or so to confirm silver to be...

RaSantana

After being stopped out at 69.33 I have waited to see what will develope. We have broken out of the wedge pattern and now my entry is at 69.16 A stop will be placed at 69.00 and a target of at least 70.00 will be aimed at. As the Aussie dollar moves up I will be putting a protetive running stop to protect profits. :) After 70 cents has been achieved my stops...

RaSantana

Silver will follow gold and then some. With the ratio of silver to gold now standing at around 88 to 1 or so, it necessitates a sharp eye to be focused on silver. Three wedges jump out at me 1 down, 1 up, & now the latest wedge is down. I like wedges of both types and in silver's case this latest one points in only one direction and that is down, which means the...

RaSantana

This made me sit-up! With so many contacts on both the lower and upward lines of this downsloping wedge, I can't help but take notice of this development! With the relative strength index also showing a divergenge to the price of the Aussie, it makes sense to obliterate the news or fumdamentals as far as I'm concerned, and go with the flow! The next upswing...