Silverlong
silverHello traders, here is the analysis from our team :
We feel; These area's. Will give best results for scalp buys, Or Sells.
#1 Sell @ ooo
#2 Buy@ 23.080
* Futures sometimes run in one direction during Day. *
So. If no Momentum, Or pullback in these area's for 7/27/2020.
Void trade. We like 130 pip Sl/Target. Take profit 5 to 130 pips, Move
STOP LOSS UP WHEN YOU CAN.
Let us know in the comment section below if you have any questions.😉
Let us know in the comment section below if you have any questions.😉
SILVER Potential 10% Short term !Hello fellow traders!
As you can see today we have a current opportunity in our prospects. However we patiently wait with our orders untill it will be filled at the right time in order to catch the breakout!
Right now gold/silver ratio is decreasing also creating momentum on the silver side.
Let me know if you have any ideas or like the contont, it would be highly appreciated
XAGUSD (Y20.P3.E1).Go Long with silverHi All,
With the current climate of the weakening dollar due to the massive fiat printing press, as well as other reasons, clears the way for other currencies to gain ground. Eg the EURO gaining ground on the dollarr.
Its time to buy silver and go long.
The chart does explain the 2 targets I see for going long.
Cheers,
S.Sari
Mining on The Run - GPL Looks Good AgainI invested in GPL as it was an essential mining company for precious metals. Considering the price of precious metals are skyrocketing, so are the mining companies stocks. Great Panther silver has recently turned from a down trend to an uptrend. Just waiting on a retest of a trendline or a fib level before I sell some indecisive stocks and place them on GPL.
SilverBuy Silver using three Trend lines yellow, green and red trend lines . Buy at 19.3 price near the green line .Target of 19.98 around 3.51% - Yellow line. Stop Loss is the red line around 0.45% If it starts breaking the red trend line . You can also take a Short Position when it crosses red line. . Then it can go Down. Also RSI there seems more room for upward movement. For risk of 0.45 % there is an upside of 3.51%
SILVER - Get Ready, Rally is Roaring!Consolidation could end imminently resulting in another beautiful upleg.
THE RSI elegantly pulled back on the 50 level, giving it a strong positive momentum to rise.
You could also consider investing in the main silver miners to get better leverage on your investment. My favourite picks are Mag Silver, First Majestic Silver, SilverCrest, Pan American Silver, Alexco, FOrtuna, AMS Gold & Silver.
This is a great buying opportunity.
Gold No Silver yesAt the time of writing, gold was holding on above $1,800 an ounce with August Comex gold futures trading at $1,808.30, up 0.25% on the day. After a brief dip below $1800 an ounce on Thursday, the yellow metal has once again bounced back up and is now targeting the 2011 record-highs in USD-terms. The COVID-19 pandemic continues to devastate the global economy. The 60,000 new cases on Thursday in the united states which is a new daily record high would seriously impact the reopening phase of the global economy and we could see prolonged lockdown in other countries based on the U.S. experience. Going forward we do not see any prolonged correction in the precious metal sector as the general situation is clearly bullish for gold and silver. Aggressive monetary policy easing, ultra-low interest rates, negative U.S. real yields, fiscal stimulus, subdued U.S. real yields, stubborn risk aversion, and the technical outlook all are supporting gold prices at the moment.
SILVER IDEA 2020 - 2025Silver looks to be breaking out of a shorterm downward resistance and has recoved from a false breakdown of the primary support line. It looks to me as if the next target will be $21.25 before a pullback occurs bouncing off the converging lines, before a breakout to $26.25 and another consolidation before reaching new highs of $50 and beyond later in the decade.
GPL Long ideaGPL is a silver miner. It looks to be moving higher out of a downtrend. I think its fairly obvious being above the 200sma. Good buy here.