This Might Be a Little PrematureBut Silver rally seems like a perfect opportunity to sell to finance a nice purchase in what everyone really wants to store wealth GOLD!
SLV
GOLD will we follow SILVER?Gold testing a possible break out to the upside. Wait for confirmation or keep holding your positions from lower levels.
Looking to test 1880
SLV the most short squeezed thing in the market.Silver has been shorted by everyone and currently, they don't have any actual physical shares of silver. Yet they have all these naked paper contracts that will never be backed up. The actual physical silver asset doesn't exist. The big banks will need to buy back their shorts if we push the price higher than 40. That being said this can be done if we all collectively tackle the big banks. With our winnings from GME and more support, we can get the silver value to where it belongs @100 dollars minimum.
A quick look there is strong resistance at 30 dollars mark but understand that silver has actually broken out of the 25 resistance with the current push and momentum silver will have a great month at the very least.
SILVER (40$ - 50%)i guys, as I said there are rumours that some hedge funds have started buying SLV iShares, this coud explains XAGUSD last week rise.
Nevertheless this create a massive ascending triangle on the silver value, very interesting for a midterm investment.
TARGET : 40$
TRADE : +50% PROFITS
$350 silver?Possible chance in a lifetime?
I believe $300/oz plus is within reason for the not too distant future
keeping an eye out for gold silver ratio 40:1 and below as well
$SLV Silver Mooning $SLV is mooning due to a Wall st bets pump : Good grab for the day.
No analysis needed for the tip from the internet-retail trading gangstas.
-BDR
SILVER Long 225%: Cascading Cup And Handles - $48 TP1 - $96 TP2Silver has just hit an 8-year high after breaking $30.00, driven by retail investors on Reddit and Wall Street Bets on what several sellers are calling "unprecedented demand for physical silver."
A set of cascading Cup and Handles with a final target price of $96.202 has formed on the chart.
The inner cup and handle, inside the handle of the larger cup and handle, has a target price of $48.087.
Should the inner cup and handle pattern complete and hit its target price, a 42 year old cup and handle pattern forms which has a target price of $96.20
The Overall performance rank (1 is best) for the cup and handle pattern is 3 out of 39. It meets the target price 61% of the time.
For more information on trading this pattern and the statistics behind it see: thepatternsite.com
Disclaimer: This is not trading advice.
Silver SLV is gonna rocket MondayIf you go check any bullion site right now, they are almost sold out of silver. They halted sales until a price gets set Monday at market. Right now ebay decided on $35/ozt, for 100ozt bars! <=5ozt are going for $40-50/ozt! So we're looking at a pre-market spot price of about $45 average. This liable to jump even more. Gold is 9x more rare than Gold. So fair price for Silver should be around $200+/ozt! I expect we'll hit that this year or next. Perhaps shortly.
If this is the next wsb play, it's brilliant! This is how you "short-squeeze" the banks. Except you're really squeezing them against their own vault insurance limits, around $100-150M. That's why they've been metals spoofing for over a decade; and had daily meetings called Goldfix & Silverfix. They didn't want to build, staff and insure extra vaults to accommodate the price hikes! This is how we take back the wealth! www.bloomberg.com
Dozens of banks have been caught manipulating the metals prices and committing fraud, but here's the first mention of the daily meetings, Goldfix & Silverfix. Everybody just got slaps on the hand, so they're still doing it. nypost.com
SLV TO $37 SOONSHORT-SQUEEZE OR NOT, THE CHARTS DIDN'T LIE EVEN BEFORE.......SLV GOINT TO $35-$37 SOON!
Silver setting up for a run to 35? Silver Squeeze? Just using good ol support and resistance here. Looking at this trend line to break and a return to 35 resistance
The $SLV Squeeze? WSB Next Target! 2/1/21Video breakdown on the $SLV squeeze talked about in the WSB! What does the chart say, and what are your levels?
Silver Break outSilver broke out last week of multi month resistance on the weekly and daily charts. Target should be new highs. Only thing that concerns me is that it is nearing a Demark 13 week sell signal. Which comes in this week
Silver: a bullish view with short term target Long term: The cup with handle pattern with the break up out of the handle is vey encouraging. If we later we get a weekly clear break up above the 41.5 level I think it would be very bullish.
Short term: we have a positive reversal in the daily RSI followed by a bullish divergence which supports higher near term peak ahead. The daily RSI target is labeled. IFFF this target is hit and IFF my count is correct I would then expect some pullback before a strong tend up to much higher levels.
As always: process your way before investing.
If you are not familiar with RIS reversals see: school.stockcharts.com
Best to ya. Have a good week ahead.
Short squeeze coming in Silver?Now that everyone looked up the definition of short squeeze "people are saying" there is a short squeeze coming in Silver! Is this a reliable indicator?
