Silver Weekly Squeeze + Symmetrical TriangleSilver is in a weekly squeeze watch, and is currently in a daily long. Watch for the break of the symmetrical triangle with volume and the levels to gain/lose.
Silvercharts
Silver to break out?Silver looks to be breaking out from its short term downtrend. This will have long term ramifications on the gold and silver bull run. Expect much higher prices for both Gold and Silver by year end. Silver especially will be very volatile. Load up on silver miners as they will benefit the most from this.
Silver Breakout from year and half long downtrend?Silver could potentially break out above the downward trending triangle it has been in for the past year and a half. Expect it to be aggressive when it does happen.
Why Silver Will Outperform Gold 400%
The major monetary metal in history is silver, not gold
For most of mankind throughout most of history, silver has been the much more important monetary metal, familiar as the metal of daily commerce. Gold was used only for very, very large payments, which most people make only rarely, if ever.
Both silver and gold are monetary metals, i.e., they both benefit from monetary demand. (Monetary demand is also called “investment” demand. It is demand for silver as silver, and as an ingredient making something.) Most analysts miss silver’s monetary demand because they focus on silver’s use in industry. Certainly, since silver was politically demonetized beginning in the mid 1870s a vast amount of purely monetary demand disappeared. Today, most silver is used in fabrication, roughly split three ways among silverware and jewellery, photographic, and other industrial uses. But when confidence in central bank issued fiat money begins to fade, when fear strikes investors’ hearts, they run not only to gold, but also to silver. Especially in America.
SILVER READY TO EXPLODE ? Very bullish on Silver. In my opinion very undervalued and manipulated. RSI divergence, bulls taking control. Pattern retracement before breaking above. Volumes rising. Weekly support. Bullish to 50$ in the next few years. Good Luck.
SILVER BREAK OUT Silver is getting ready to break out of the pattern. I am bullish on COMMODITIES GOLD,SILVER etc. with all these QE and crazy money supply inflation would be inevitable to occur in next few years. Liquidity will be taken out from the market with int.rates and we are entering in the late phase of the economic cycle. Expecting to see huge rally in the price of Gold, Silver as safe heavens. USD weakening, JPY strengthens will see what will be the bride future. Good Luck.
Silver to end near $17 around May 2018.Although not one of the exotic commodities to trade. Silver is a store of value and an instrument of exchange. It has many uses and features. I see it maintaining $17 level until near-end of march
silver long it is in a cumuluation phase, my stop loss is 15.400$/ounce and target is 21.880$
under 15.00$, i short it my target is 10.400
Daily outlook on silver Very interesting structure on silver
Everything is mentioned in the chart
Best of luck
SilverI'm long bull from 15 I wanna buy and hold for years, silver crashes every seven years roughly I want one more high and then ill go short and reinvest
ICHIMOKU & RSI - CAPTURING SHORT TERM TRENDS $DSLVTHE ICHIMOKU PROJECTS STRONG LEVELS OF SUPPORT AND RESISTANCE THAT ALLOWS US TO GAUGE RISK/REWARD. BY USING MULTIPLE TIME-FRAMES TO DETECT THE SHORT-TERM FRACTALS WITHIN THE LONGER MORE PREVAILING TREND YOU CONFIRM A TREND BY DEFINING IT (LOWER LOWS AND LOWER HIGHS & VICE VERSA).
THE RSI GAUGES THE TIPPING POINTS OF MOMENTUM, LIKE IF A PENDULUM'S SPEED WAS GAUGED (TIPPING POINT IS A SPEED OF 0).
$DSLV
SILVER LONGSilver built a perfect cup and handle in the past month and now it's primed to go up.
Gold has been the leading metal as usual and watching most USD pairs you can see they as well broke out from old resistances.
The weekly resistance for silver, which i'll show in the updates, should break once the cup and handle plays out. This will send us to 21-25 $/oz.
Dollar is losing it's value and the long price suppression of silver might be near it's end. GL
SILVER - 800% profit in 7 yearsSilver is already under an undervalued asset but we can expect even further price drop due to its manipulation which will happen in 2019. The diagonal support (yellow) was already broken twice and there will be a drop to $10-11 levels. When it will touch psychological barrier of $10 we can expect rapid growth (following green curve) which will cause price increase by around 800% until the end of 2025.
Disclaimer
I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
SILVER - Buy OpportunityIt is the last wave of elliot wave pattern. I expect, sharp fall will happen.
Target 17.800
XAGUSD-Silver Medium TermMy previous recommendation on Silver to short at 17.30 for a target to 16.85 was successful, For now a top of the head & shoulder pattern is completed, expecting for the right shoulder to be formed to confirm the pattern. Intermediate trend looks to be bearish now as it broke the multi-days bull channel & all momentum indicators are turning bearish so a lower top is needed for confirmation of the bearish trend.
Strategy: Short on a bounce around 17.03-22 for a target to 15.87, tight stop above 17.41
Silver (Spot-metals XAG/USD)I am looking to short around 17.30-50 for a target to 16.81, Stop above 17.85
Silver Ready For Bounce BackSilver on the daily time frame is now at the lower range and looks ready for a bounce back up.
As you can see the shape of the range is a bullish wedge. Meaning: a high chance to break to upper range and continue in an upwards trend.
How ever as you can see theres still a bit of space left. My prediction is that after going to the upper range, there will be 1 more wave down to the lower range before a bounce that will break the upper range and lead to a new trend up to 18.400.
Trading advice: Buy The Dips
SL: 15.200, take small buy positions and be ready/able to add more buys every 0.400 dip or 0.200 increase
TP: 17.800-18.400
Case for shorting Silver Case for Silver short is high
RSI and MACD down and
support has become resistance at 16.85
