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Silvershort

Bears are in full control of SILVER. Capitulation is coming.Ladies and gentlemen, Today my bear-radar is on FOREX. Supply estimation : About 1.5 million tons of silver have been mined from the earth over the course of human history. Is Silver a store value in case of economic crash ? During 10 years, Silver was in a massive bullrun. The 5th wave, in EW theory, shows an over-extension of the 3rd. The over-extension is 2.618 which signals, on a monthly timeframe, a Bubble-market. Crash are generally worst in term of price and time than the precedent bubble : the last 10 years have shown the power of the bears in this volatil market. For now, Silver looks way more bearish than gold. Technical analysis : The price is currently consolidating at the D point of the EW's descending triangle. Volatility is normally compressed and the pattern is ready to play out. That type of triangle breakdown approximately 70% of the time. It's generally a very simple trade if you wait the confirmation of the break. On this trade we are anticipating this breakdown and shorting the current resistance. - RSI shows hidden bearish divergence and monthly bear-market area. - ABC needs to be completed by 1:1 extension on logscale. Type of market : Irrational (Crash). Type of trade : Continuation (speculation+). Please if you like this type of content, show me your support with your comments, likes and shares ! Let me know which asset you would see me to analyse for you (it's 100% free, as all my content). Have a lovely day ! DISCLAIMER : I'm not a financial advisor. I can't be responsible of your losses. You trade at YOUR OWN risk.
FX_IDC:XAGUSDShort
by KassandrA_dotcom
10
Waiting for SilverIf you like this idea, don't forget to support it clicking the Like Button! Hi guys. This idea is a long term analysis of the Silver bullish trend (probably bullish). My tactic for silver is to wait until the point (C) is reached and to expect for candle confirmation of bullish trend continuation. If you are looking for a short-term trade on Elliott corrective waves, I suggest you look to the related copper idea. Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. I am not a financial advisor.
OANDA:XAGUSD
by Investing_Fellow
Bearish Trend on Silver in Short-termThe Silver price is currently trading below the 21-day and 50-day SMAs. The Stochastic Oscillator period 14 is bellow 20 levels on the daily chart with the signal lines pointing down to indicate a sell signal. Also the bullish trend line has been broken and that in and of itself is not a good sign for the bulls. The next week or two should be crucial and tell us where we are going longer-term. Technically, Silver has been hovering around 16.90 since mid-November, but broke below this line on Friday, with sharp losses. Now the XAG/USD pair is expected to find support at 16.50, and a fall through could take it to the next support level of 16.20 (31st July low). We opened Short positions below 16.70 with first target at 16.20 & second TP at 16.00 in extension. Our SL is at 17.20. The pair is expected to find its first resistance at $17.00. It’s very likely that this level will continue to cause resistance based upon the large, round, psychologically significant figure, and of course the inability to close above it for the last three weeks. As well, the 21-week SMA is showing resistance at 17.30 combined with middle line of Bollinger Bands on weekly chart.
OANDA:XAGUSDShort
by ForexTrendline