Silverlong
Buy XAGUSDMake your own decision I choose to scalp it personally when it starts to retrace, or you can just place the trade and swing it. I believe that the continuous inflation on the US dollar is steadily going to drive gold and silver up. However, the recent retracement will likely vanish soon when another round of economic stimulus funding comes. Hope the trade goes well :-).
$XAGUSD - Trend continuation followed by a breakoutHello, dear friends!
Here is my projection for silver. Silver is above the bullish flag and tested the upper edge of the flag as a resistance so is about to continue the uptrend.
See important support and resistance levels on the chart.
Please follow for more ideas!
Silver can hit before 6 months all time high! 55 usd+expecting that its possible that silver can hit before 6 months the all time high 55 usd+
The gold have already done it, and i think Silver can increase next time 130%.\
Our big friends warren buffet hold also silver for log term.
Have good time all(:
Why you should pay attention to Silver ?Silver has been hammered pretty badly during the sell-off in March and after the recent market correction.
Nevertheless, the large timeframes tell a different story.
When we zoom out, we can quickly notice the huge that silver has been putting since Dec-15 marked by the a lower low $11.639 in Mar-20 and then a solid bounce followed by a rally to $29.869 in August.
This month the price has further corrected to $21.665 marking an oversold RSI up to the daily timeframe.
Looking at the higher timeframes weekly and monthly,
- taking the history since 2013 into account, we could see a large cup formation to which the current drop could be seen as the handle pattern being worked out,
- taking only the recent drop into account, we could see a very interesting bull flag formation being worked out.
In either cases, a breakout over $28 might send Silver back to .786 fib level with a price target over $41 before a longer consolidation takes place (if it follows gold's path).
Silver is known as a lagger but it is also an aggressive mover since its cap is not as big as gold.
I am definitely going to increase my exposure to Silver and silver mining stocks as well.
Let me know you thoughts, like, follow and share to support my ideas.
Until next time !
THE BEST TIME TO BUY SILVER WITH Warren BuffetExpecting at long term , that this are the best moment to buy silver.
the most what warren buffet buy increase.
Expecting for silver a great increase time, and the silver are urgent for now and next time.
From more sides, we know that warren buffet holding and buying silver.
if coming any 2second red market, i believe silver will done it great again.
Have good time (:
# this are long term update. and expect that we will hit the all high time.
Gold have done that already, and for silver need around 130%. its more interesting to buy silver than gold.
SILVER - Wick EntryI have been testing out a new indicator and it would be great to see it work in action at some point next week. Silver is highly correlated with golds movement and after analyzing XAUUSD, I expect the price to drop further on silver if it continues to step down. I will be placing a sell limit around the order block region to see if we can get a wick entry with a continuation to the downside.
COT Data - 67% Long
The pharmaceutical industry use more Silver - Breakout possible!Silver is used to purify and disinfect water. The pharmaceutical industry also makes use of the antibacterial properties of silver since short time.
22-23 usd are also the support line and same time the increase zone.
Have good time all(:
BULLRUN SILVER LOOKS TO START 26+ INCREASE TREND ON WAY!personally i expect that silver now the best invest are for next time! expecting soon a price rage of 26+
why, because silver need urgent at this moment for more things also in the pharmaceutical industry.
warren buffett is also investing in silver.
---> at long term its still possible we will hit all high time.
Have good time all (:
Silver M Buy / Sell Based on FIBO / GANNRisky can Buy at CMP 56420 stop loss 55990 Target 58050 / 58640
Sell at 58600 Stop loss 59480 Target 58640 / 58060
which ever entry triggers first then go that side and leave the other view
Fibonacci and Gann always rocks support us follow us and research with us
SILVER LONG POSITION/SILVER BUY SIGNAL
Hi guys,
We have solid position on silver.
* MACD DAILY BULLISH
* StochRSI DAILY BOTTOMED
* My view is that silver will after this strong pierce and selloff make attempt towards previous highs, drop again and continue to push since underpriced.
* Target on silver is 48$/OZ.
Having on mind position of S&P 500, DAX. FTSE and the other indexes, situation on stock market seems very shaky.
SPX is in front of WEEKLY BEARISH MACD CROSSOVER which will result collision of index as we could see in the chart
Apart from SPX, DAX seems even more shaky and i would suggest clearing stock positions and opening longs on metals (prefferably silver), since HH of gold should not surpass 57.000$ which is 10% at best comparing with silver which provides 218% return on investment (118% profit).
Money from stocks will move to precious metals and crypto section.
Appliance of silver from fundamental side is used in industry since all the batteries, fast chargers and so on could not behave as good conductior as silver, because it doesn't have "skin" effect like copper and it can endure big amperage which will be used in electrical car chargers (since gold is to expecive now).
Silver will be too, but still not
Usual ratio Au:Ag=20:1
Now is 70:1 in favor of gold (since gold made brakeout first
Once again, i find silver highly underpriced and will collision of stock exchange (WHICH IS IMMINENT) and certain as Tuesday after Monday, money will move into " store of value"
Good luck to everyone and happy silver holding.
Will pay off big time !!!