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Silverlong

SILVER long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
FX_IDC:XAGUSDLong
by GWBFX
3
Is Silver the New Gold? 🥈🥇 | SILVER ($SILVER)🆙 Silver has been on the move after lagging behind Gold. While recent Silver and Gold moves look similar, the percentage move has been notably better for Silver. It could be a response to COVID, it could be the riots, or it could just be the continued strength in Gold that has Silver on the move, whatever the reason, the chart looks great. So, let's look at some long setups. Resource: www.marketwatch.com + apnews.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing an uptrend (Aqua colored bars) on the 1-hour timeframe that largely started off with the ABC "FOMO" move illustrated on the chart. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua colored lines) and/or bullish S/R levels plotted by Directional Bias (Aqua colored lines). 3. The first play here is to take a long position at the S1 bullish orderblock with a target of the R1 bearish orderblock. Our stop loss for this move is placed tightly below the entry and above S2. The logic here is that we expect similar price action as the previous ABC move found on the chart where the first pullback should be a shallow one before moving higher to test resistance. 4. The second play here is a retest of the S2 bullish S/R flip and orderblock cluster during an expected correction for Silver that we expect to occur after resistance is met and after our first profit target is hit. Again, we are looking at past price action to get a sense of what to expect, but are using the current support and resistance levels and the trend. Here we have simply placed our stop below S2, as a move below S2 compromises the trend. Shine on Silver!
TVC:SILVER
by AlphaBotSystem
Silver -- market Analysis -- going up and up Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view. We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free) Never Trade alone we really hope you enjoy All trade.. Disclaimer: the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _______________________________________________________________________________________________ Thank you for your support!
FOREXCOM:XAGUSD
by morshedul-munna
XAGUSD. Silver will grow further!Hello dear subscribers! The price of gold and silver performed well during the crisis. The fall was strong, however, in a short period of time, valuable metals were able to quickly recover after a large fall. The price of these resources will rise even at least to the level of resistance, there is a target. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
OANDA:XAGUSDLong
by UnknownUnicorn6402893
2
Silver Gearing Up for Next Leg Higher: Flag Target $19.70Been busy with life lately so my posts have been less often. Nevertheless, I do always keep an eye on the charts and when I spot something that requires a post I deliver. This morning I want to talk about the Silver. Remember when Silver outperformed Gold a few weeks ago? Well based on what I am seeing on the chart that may happen again in the coming week(s)! Let's take a look at the Silver chart. Bull Flag The everything rally continues on and next up in the rotation may be Silver (again). Since reaching its breakout peak on May 20th, Silver has been consolidating within on declining volume. The chart below is the 4-hour chart and it shows how price is consolidating above its 20 SMA. Check the strength of the CMF. Money is piling on into Silver. Further illustrating the point made on the 4-hour chart is the daily chart above. Here notice how price is resting on a combination of 200 SMA and 10 EMA support. CMF also remains positive. Above is perhaps the most exciting chart of all. If this bull flag is confirmed, the target price is approximately $19.70. Look how the flag target matches perfectly with the high Silver posted on September 4, 2019. Silver is looking like a smart play heading toward the end of the week. Trade Silver with confidence. Bias: Bullish .
COMEX:SI1!Long
by DailyClose
SILVER OUTPERFORMS in last 2 monthsThanks for viewing. This is a wee update on an older post. What has changed recently? - I amended my label for the upper range from "sell gold and buy silver" to "hold gold and buy silver" for a couple of reasons; 1. I hold gold mainly as a hedge against local currency and USD devaluation generally and also increasingly in light of increasingly obviously un-serviceable levels of sovereign debt / quantitative easing that started September 2019. Also 2. Because now that I have some gold, I will be unlikely to part with it just because its price is up in fiat currency terms. You don't cancel your insurance policy when times are good, neither will I sell my gold for a fiat profit. 3. These things are really hard to time and the most important factor; general loss of faith in paper assets will likely result in a significant re-pricing of gold (and silver) to much higher levels (I likely won't sell either if gold goes up 200- 400% but will reduce or stop regular purchases). While I am a big believer in silver, as borne out over the past 2 months (although there was a spike in premiums while the silver futures price dipped - which made 'buying the dip' difficult) I do not want to be a long-term holder of silver - given how volatile it is and the greater storage costs. So, silver I will sell when the G/S ratio hits some key levels. - The economies throughout the world are in significant turmoil, a lot of mines are shuttered still (the North and South American silver miners seem in for a long-haul). Seeing as silver is primarily an industrial metal, I have been impressed with is relative performance of late. It seems that silver demand has been brought forward and is, at least, counter-acting what may be lower industrial demand. As gold hangs out between USD1650-1750 it is quite possible that a significant portion of investment demand has turned away from gold and towards silver as people may "see" more upside for silver as well as possibly more value for money. Protect those funds everyone
TVC:GOLDSILVERShort
by flyinkiwi10
1