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Silverusd

Silver shows weaknessSilver has not only left the negative trend channel to the bottom but also has had a bearish engulfing (2018-07-13) just after having a small recovering. There is a new support line, parallel to the existing trend channel and this should not be broken. RSI is in bearish zone, the trend shows a sideways move. MACD is clearly negative. To give new bullish signals Silver has to jump again into the trend channel, break the trend line (dotted), RSI has to turn up and MACD has to be triggered. The big picture for silver stays negative as well (weekly candles). For the moment to reason to invest but also no shorting. This no trading advice!
TVC:SILVER
by Luettis
Silver buy!The price of Silver ($) touched the lower limit of the trend channel and rebounded! This is a good sign, because it shows that the trend channel is strong and active. Now the silver-price can climb up to 16.59$ before reaching the upper limit of the trend channel and also the resistance line, formed by a fib retracement 38,2%. Some gains to make in short time. BUT , the trend is still negative, as long as the channel hasn´t been broken to the top. And even if, there are two following resistance-lines: 1) swing trend line at 17,2$ - a strong resistance where silver rebounded twice in the last weeks 2) the falling trend line (dotted) - a resistance that hasn´t been broken since november 2016
TVC:SILVERLong
by Luettis
Silver to break out of trend channel?The price of silver has rebounded on the swing trend line (support) and rose quickly back to the upper limit. RSI is bullish - not oversold and MACD signalling a positive trend (signal line just triggered). The vola of EMA 50 has been lowered - perhaps a good sign for the near future? Buy: if silver leaves the trend channel to the upside - aim is the swing trend line at 17.18$. Stop (or no action required): if silver rebounds at the resistance (limit of trend channel) and falls back
TVC:SILVER
by Luettis
Silver regaining forceAfter the last breakout of the negative trend channel (bull trap) Silver fell quickly back in to the trend channel but rebounced on the long descending trend line (coming from 2011). This is a very important support zone and it held. With much momentum Silver regained the next resistance at 16,40$ (swing trend line) and continues actually to the second resistance at 16,59$ (fib retracement). But the breaking would not be sufficient to generate a really good buy opportunity. Therefore it had to cross the upper limit of the trend channel (as last time). In that case Silver could rise to the last high at 17.10$ (swing trend line). As this line had been a strong resistance it needs a lot of momentum to break it to the top. Silver could then rise up to the falling trend line (dotted) - coming from nov 2016 (3 descending peaks). One can carefully take profit at the blue zone. A really, really big signal would be the crossing of this trend line - but we´ll shall not await too much. Stop: in any case the Silverprice falls back under the support - lines and even worse in the case it breaks the trend-channel to the bottom
TVC:SILVERLong
by Luettis
Why Silver Will Outperform Gold 400% The major monetary metal in history is silver, not gold For most of mankind throughout most of history, silver has been the much more important monetary metal, familiar as the metal of daily commerce. Gold was used only for very, very large payments, which most people make only rarely, if ever. Both silver and gold are monetary metals, i.e., they both benefit from monetary demand. (Monetary demand is also called “investment” demand. It is demand for silver as silver, and as an ingredient making something.) Most analysts miss silver’s monetary demand because they focus on silver’s use in industry. Certainly, since silver was politically demonetized beginning in the mid 1870s a vast amount of purely monetary demand disappeared. Today, most silver is used in fabrication, roughly split three ways among silverware and jewellery, photographic, and other industrial uses. But when confidence in central bank issued fiat money begins to fade, when fear strikes investors’ hearts, they run not only to gold, but also to silver. Especially in America.
TVC:SILVER
by TheWolfOfBinance
SILVER BREAK OUT Silver is getting ready to break out of the pattern. I am bullish on COMMODITIES GOLD,SILVER etc. with all these QE and crazy money supply inflation would be inevitable to occur in next few years. Liquidity will be taken out from the market with int.rates and we are entering in the late phase of the economic cycle. Expecting to see huge rally in the price of Gold, Silver as safe heavens. USD weakening, JPY strengthens will see what will be the bride future. Good Luck.
TVC:SILVERLong
by TG_Advisory
SIlver Vs Bitcoin wyckoff LogicI find the biggest successes in my investment / long term trades coming from looking at repeating cycles of similar assets coupled with fundamental analysis. Markets typically act with the same logic as explained by Wyckoff - i suggest further reading for those of you who are not familiar with his market hypothesis. I thought i would share this, both because i am fond of both markets but also because of the similarities between the two charts. Bitcoin enjoyed a fantastic run up in 2013 and we know what happened following - a long painful year period of sell off, followed by a consolidation down to the $200 range, and well, the rest is history - to $20k in the following two years. Silver experienced a slower but still phenomenal run up mid 2010 - 2011 and has since been trying to find a bottom. looking at the two charts i would say that it is fair to say that there is a similarity between the two. To me, it appears that silver is very much in the accumulation phase and looks like it is starting to show bullish signs. Silver is a much more mature market and typically will move slower, which has both is advantages and disadvantages. I play both markets and am unbiased as a result, but i think that it appears that silver and indeed other commodities/precious metals look good to go to enter the mark up phase after a long markdown / accumulation time. We shall see. Best filbfilb
TVC:SILVERLong
by filbfilb
11
Silver respecting Weekly Resistance trendline Over trend is bearish so far it seems to be respecting higher the trendlines based on higher timeframes, Still no major bearish action yet but this could be the start of a Downtrend Continuation SL's and TP are on the chart but please use risk management! Waiting for more lower highs indicating bearish price action and seeing how much it pulls back. Stop hunts seemed to have occured during london patience is key! Looking for entries all next week but watching friday and sunday. SL: Above 17.361
FX:XAGUSDShort
by HeliosFX