Xagusdshort
Silver- back to 23.80 support?Silver is trading in a range for 2 weeks now with a clear ceiling at 26.50.
Bulls are unable to take control and drive the price above this level and XagUsd keeps rolling down to support
A breakdown seems imminent for Silver and short-sellers can have a target under 24.
Sell rallies above 26 can be a good strategy and only a clear close above 26.50 would negate this scenario
SILVER : PRICE ACTION H4 TMF - PRICE READY TO FALL ! 🔔🔔🔔Welcome back Traders, Investors, and Community!
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Strategy : Bearish Flag
Good trading at everyone!
SILVER - SHORT (Continuation); SELL it!! (... and forget it.)Much like in the old George Foreman grill commercials; "Just set (sell) it and forget it!". It's a dog but a great Short here!
Here is the "panoramic view";
It will deflate in 2 seconds flat, right along side with the rest of the currently prevalent inflation fantasies.
XAGUSD : SILVER LOWER TO 24.35, Before reversing higher.We Expect SILVER to move lower.
This is my PERSONAL trading CHART, with no further educational explanations.
IF you get it, YOU GET IT, if you don't, YOU DON'T. I really don't care.
We use ELLIOTT WAVE theory to determine WHAT the Pivot IS, we are expecting, (i.e. TOP or BOTTOM).
1) We use MULTI-TIME-FRAME Indicator analysis too fine-tune the PRICE and TIMING of the expected WAVE.
2) We ENTER and EXIT trades over time, in increments and take the average.
3) We NEVER go all-in or all-out at ONCE.
4) WE take 25% Profits after PRICE has risen 50% of proceeding wave.
XAGUSD : SILVERS Path LOWER... before HIGHERIF you trade SILVER you Should be familiar with The GOLD/SILVER RATIO , which typically moves INVERSELY to the PRICE of SILVER ,
The GOLD/SILVER RATIO looks to be completing A WAVE-B correction, with WAVE-C starting soon in both GOLD/SILVER RATIO & SILVER , (albeit moving in INVERSE/opposite directions).
SILVER = SHORT.
GOLD/SILVER RATIO = LONG.
Analyze and monitor PRICE character and movement carefully.
XAGUSD: Why I Think Silver has LOWER to GOIF you trade SILVER you Should be familiar with The GOLD/SILVER RATIO, which typically moves INVERSELY to the PRICE of SILVER,
The GOLD/SILVER RATIO looks to be completing A WAVE-B correction, with WAVE-C starting soon in both GOLD/SILVER RATIO & SILVER, (albeit moving in INVERSE/opposite directions).
SILVER = SHORT.
GOLD/SILVER RATIO = LONG.