Silverlong
Silver - Key StructureKeeping my eyes on silver, I will be monitoring how price reacts at the key structure zone marked. If we manage to see a break above the zone I will be looking for a buy from the re-test into the highs of 32.50. If we see continued rejection from the zone marked I will look to ride the small downtrend into the 26.50 level. Higher time frame candlesticks are all mostly bullish so it is not wise to fight the trend unless it is short term until price shows us different.
SILVER - UpdateThe breakout call was accurate and saw an explosive rally (see link to related ideas).
Price is currently consolidating.
Gold - Very Long Term Pitchfork LevelsThe rally was successfully called (see posts below).
Next Objective Around $2200-$2300/oz Gold and $33-35/oz Silver.
Afterwards, an objective of $3000/oz Gold and $100/oz Silver.
Silver Run on Liquidity We saw a run on stops in February this year as silver raided stops into the liquidity pool below $12.
The next raid happen this week as price broke above the $20 closing a short stops.
The next liquidity pool we should see price run to is the liquidity pool above $36 catching swing traders out who have the stop above these equal highs.
We should see a larger move higher above $50, as physical silver is very rare commodity that is used in industry and electrics.
With the gold silver ratio needing to narrow further, and with economic stimulus by governments around the world running rampant, we will see higher prices in silver.
Looking back to old charts and buys SILVER still lot of room I bought on 4th of September 2018 my first physical silver, since then we are currently up 92%, and yet there is much more to come. Free money printed by goverments everywhere, we have atleast 3 more months of absolute shit growth ahead of us. GL to all.
DO NOT SHORT ANY MARKETS
XAGUSD Silver - Traps set again! waiting on fake USD fakeoutI have set two pending at key levels I want to see price trade back into before adding more Long positions on Silver.
Please be mindful we do have some news in the NY sesh for USD which is when i expect to see these levels run. Both of these positions offer great RR. Don't forget Silver is known for rape spikes so don't get caught with your pants down.
Here are some other relevant posts.
Yesterdays Silver Call which resulted in 9 x on Risk!
Also here is another post re another Silver play in the form of a CFD Silver miner play (up 11% today) offering a potential 64 x if full targets are realized. Please keep in mind this is a long term play I've been adding to for months.
Don't forget to click Follow to receive more free calls.
SMTP
Silver Resistance todaySilver pushing on string resistance. If your a silver bull...don't a pussy and sell now. Be tough and lets break through this to fill the April 2013 gap to $25+
silver/siuHello traders, here is the analysis from our team :
buy:22.025
target: 24.100
stop loss: 20.025
Let us know in the comment section below if you have any questions.😉
SIlver Buy the Bullflag!Buy the bullflag
TP of 30 or more
Yellow line strong support
Supported though by 0.786
Silver, Clearly a massive breakoutSilver broke out of a huge multi month basing pattern on massive volume. Last weeks trading volume was the equivalent of 5 years worth of production. The resistance was $19. I expect it to cool off here as August is a cyclical weak month. It will probably retest the break out level. Long term very bullish set up.
Silver going up to SkySilver : _ after a long time the square began to correlate again with the price of "gold, and to rise and climb positions we see clearly how the trend comes out and breaks the box in which it was to quickly climb to the next level.
Silver Should See $26.80- $30 Perhaps sooner than later we will see silver explore the next upper fib level? Based on momentum and RSI this is possible, keep an eye on the hourly RSI. Macro fundamentals might propel this mighty metal.
XAGUSD SD Analysis Both Gold and Silver are looking quite bullish, In this Idea I will wait for the price to drop from 17.42-17.60 area to 16.46 area where I am expecting a new demand zone. Once a demand established I am expecting price to carry on the trend up to 18.70 area.
Disclaimer: This is not a recommendation or trading signal, it's just an idea for educational purpose, make your trading decision at your own risk and seek independence advise if necessary.
#XAGUSD - Longterm Trend - #Silver #MonetarycrisesI think the breakout should bring silver to USD 54 and later to USD 78in this decade.
So we can push the basic income of our portfolio.
Silver Long Term Analysis towards 2025-2030 ideal scenerioSilver Long Term Analysis towards 2025-2030 ideal scenerio
