Bias for Gold and Silver for the Upcoming WeekAfter mitigating a weekly FVG and forming an SMT with silver, gold may be signaling a weekly shift to bullish. Additionally, on the daily chart, there was a mitigation of a Volume Imbalance, along with another SMT with silver.Longby Pilucax220
Silver - Bulls have a setup for another final push higher We can count silver as completing the second leg up in a large A up, B down, C up structure off the major pandemic low. The second leg up in a wave C normally stretches to at least 100% ext of the wave A up and is normally subdivided into five micro waves. I think bulls should produce the final wave (v) up targeting the Red BoxLongby CastAwayTrader1
Silver BUYHi traders. Silver takes revenge. I expect a correction to the IFVG\FVG Day TF zone.Longby YSVTraid3
Silver Yearly Review.Silver Yearly Review. Good news is that it will most likely get a pole-flag confirmed breakout with a $41 target. Bad news is that it will most likely NOT get its historical cup and handle breakout confirmed. Happy holidays!by Badcharts5
Silver12 18 24 I felt compelled to do this video after most of the markets closed for the day because the previous video I claimed was not a good trade because the market was actually contracted and trading a contracted Market is a very bad idea. near the end of the session on Silver it managed to produce a very substantial move lower in effect creating an expanding market for silver and because of this a bad Market turned in to a good Market to go higher. over the years I made a concerted effort to look for behaviors that could keep me out of bad markets and attract me to the good markets. today the silver expanded near the end of the day and there was a confluence with the expansion of the market and the simultaneous Target of an ABCD pattern at a double bottom. this Market became an untreatable market today and turned into a great opportunity by the end of the day and I believe this is a good trade to go long at the end of the trading day or even at this time since the market has started a new day even though we're still on Wednesday and the market still trading so that you could make an entry into the market if you wanted to. the funny thing about trading is that if you appreciate opening price when the markets starting to trade after it's been put on hold at the end of 1 day and then opens in a couple of hours the next day you know what a mistreats it can get you in the market and carry you through for the rest of the day when you get up at 6:00 in the morning or whatever it is opening price trades happen so often that it's one time of the day you probably don't want to miss. these last couple of sentences were not expressed in the video but I've talked about this many times in the past.36:39by ScottBogatin6
MCX Silver - Futures // Target and StopLosswww.tradingview.com The MCX Silver has corrected so much and it can revert from here. The Targets and SL are mentioned in above chart. If you have queries, please feel free to comment below. Longby Stox_Ware4
SI - Silver Looks GoldenHow does this look? Yep, I’m stalking a Long, just like in Gold (check out my latest Gold post). With the price sitting at the Center-Line, it might drop a bit further to the Shift-Line. Or, it could start climbing today. For me, this is a "building a position" scenario. Buy… wait… buy more when the price confirms my projection. Or bail out if it doesn’t. Trading is so simple... ...but SO HARD §8-) Happy digging!Longby Tr8dingN3rd2
Weekly Forex Forecast: GOLD & SILVER Are Bearish! SELL Them!This forecast is for the week of DEC. 16 - 20th. Gold and Silver are both bearish, after raiding the buy side liquidity. Silver is "heavier" than GOLD, so it would be my preferred asset to sell! There is support for lower prices, and no real support for higher prices currently. Seems like a no brainer. Wait for a pullback to the -FVG and look for a proper sell setup, my friends. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.Short11:19by RT_MoneyUpdated 4
Oil gold silver 12 18 24 we went over some details regarding situations where there is a reason to go long but the market quickly shows us that the market made some changes that changed that market. there are times when this happens especially in the Futures markets where you really want to take the short trade after you your initial opinion was that the market was going higher.40:04by ScottBogatin113
copper silver12.18.24 in this video I get to show you a perfect buying setup for copper.... using extensions and support resistance lines and ABCD patterns. on the other hand silver which I think is going higher but I could be wrong... is still a lousy trade today because it is badly contracted trading patterns like this are very stressful you're likely to have more losing trades if you pick a setup like the setup we see today and actually for the past 3 or 4 days on Silver..... the market needs time to expand before it's a good trade. the silver market is Trading in such a way that you can't tell who prevails the buyers or the sellers because the vertical range of this Market tells you that the buyers and sellers both don't know where the Market's going which is typical of a badly contracted Market.... so you wait for the market to Define itself and expand and we will get a chance to see that because sooner or later the market will expand then we can look to see what it looks like. contracted markets don't look dangerous but they are and you will have more losing trades and you'll get whipped around relatively bad risk reward Behavior.37:56by ScottBogatin3
Sells 1. FSH (4hr) 2. 4hr bearish ob (tpd 2x) 3. 2hr bearish ob (tpd 1x) 4. Overall downtrend (daily) 5. 1hr SSL 6. 30 min bearish breaker OB Shortby brittnie441
SilverHead and shoulders pattern break could lead to price correction of 8000 points on the downside. Shortby Unmeshdave0
Silver price action linesSimple channel with internal lines based on prime numbers and fib numbers...see the correlation and support/resistance thresholds :)by CYQOTEK0
Silver bells have a morbid tone compared to gold target to R24.1Unlike Gold which is still holding its stature in the Symmetrical Triangle. Silver has broken below not only it's Uptrend but also below the neckline of a Head and Shoulders. Now commodities don't stay down for too long normally, so I wouldn't be surprised if this market rockets up due to some "catalyst" in the new year. But until then, the price and nature is bearish and will set a target of around $24.15. The price does however need to close below the 200MA to make it a higher probability idea. Shortby Timonrosso0
A quick look at gold and silver and a thank you to tradingview 12 16 24 I just did a video and now an hour ago it is more important than this video but I would like to thank tradingview for recognizing some of my wort. if you look up trading View you will see that it has 70 million followers... when I listen to my video I realized I said 40 million''' that's a lot of followers. the main reason for this video is that earlier today I said I would be looking for buyers in gold and silver and I thought that was important because they both took a big hit lower and from my perspective it's time for buyers to come in to their markets. but there are a few only a few caveats and I think it's important to recognize that it is okay to analyze the market.... make the conclusion that the market is going higher... but to come to the conclusion that it's not quite right for you or that here the trade location in addition to the bar patterns in real time don't make it an easy trade and that you should perhaps wait and not take a trade and therefore will not lose money which is an important consideration for every trade. I've taken the position after many years of dealing with bad trade location that it doesn't pay to take those trades but you should still assess those trades especially if some of them work and then you learn without losing money first that there are certain trades you might decide to take because you've had enough experience saying that this particular trade has been a problem for me but over the past 4 traits or 5 trades like this the market did work out in my favor if I take in it and I wanted to take this trade today and if I take the trade there is a stop that I can live with and I will not violate that stop.23:55by ScottBogatin114
Gold silver Bitcoina oilTh.is is December 16th Monday. I know some Traders were frustrated with the drawdown in gold and silver and oil. I thought that the dxy had a chance of going lower even though I pointed out that there were no buyers based on 2 bar reversals and the price action of the dxy.I should have listened to the dxy but at least I understood That the dxy was trading for the buyers not the sellers. and the gold and silver were trading for the sellers.... and all you have to do is know where support and resistance are and where the buyers and the sellers are don't fight the 2 bar reversals even if you don't believe them as they will keep you out of trouble. this is especially true if you are in a trade... let's say that you are long on that trade...Favoring the sellers and there's a two-bar reversal suggesting that the market is going to go lower... take the profit. if you tend not to short the market meaning that you're opening a short position and then watch how the market moves and then appreciate that you spared yourself a drawdown when you got out of your long trade before you gave money back by holding your long position when the market was telling you otherwise. the charts show that there may be buyers and sellers for gold and silver and that you might want to look for trades in those two markets.43:35by ScottBogatin3
Silver Daily chart actionReading is self explanitory but there was a reason for this pullback between Fib Bands and the overall Channel that formed. Can see bounce off 99 day and then further downside. Wont activate head n shoulders fully in my mind, But the boys behind the Chicago desk may say otherwise....The Sun in an idea, not a suggestion...be carefulby CYQOTEK1
facing stiff resistance the up move was a fake one and now we should see a deeper correction before another higher highsby Tradegainer1
The ES silver12.11.24 the ES is a bullish chart but it made a correction lower with a 2 bar reversal that led to where it is today.... and I was looking for a chance to short the market on a correction higher if I could find a small stop thinking that the market would continue going lower if it didn't make new highs. I realized that the market is only a very small fraction lower than its all-time high and I recognize that it is a bullish Market by any standard.... nevertheless I was trying to find sellers and I wanted you to see the process. silver was the next Market that I looked at and I got a chance to show you Fibonacci extensions on the way up and on the way down and that you can follow reversal patterns based on that. it occurred to me as I was doing a video is that I got into two topics the ES and the silver and this was a fairly busy complicated day because of the way the markets are moving and it required that I use the tools that I use making decisions fairly quickly. this turned out to be a challenging exercise if I wanted this to be a little more simple.... but it was still worth the effort even though it's going to a little more work-oriented today...most days are easier. it in addition you don't have to take every trade and you don't have to be a stop and Reverse Trader.38:58by ScottBogatin114
Silver Set for Rebound: A Promising Long Position StrategyAs we transition from November to December, silver is showing signs of a potential rebound, having touched the demand zone for the second time. This trend indicates an opportune moment for exploring long positions in the market. Our analysis is reinforced by the latest Commitment of Traders (COT) report, which suggests a favorable sentiment among traders, aligning with our forecasting models. The current pricing dynamics indicate a strong setup for entering long positions as we anticipate continued upward movement. Investors should keep a close eye on market developments and consider leveraging this momentum for potential gains. The combination of demand zone retests and supportive trader sentiment presents a promising outlook for those looking to capitalize on silver's price movement in the coming weeks. ✅ Please share your thoughts about SILVER in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Longby FOREXN1Updated 336
ek baar fir 1 lakhMCX:SILVER1! the target for this current move in short term has to be atleast 100000 mark which was the recent high buying and holding silver etfLongby Tradegainer2
E-mini Silver Futures Short-Term Trend: Bullish breakout as the price moves above the middle Bollinger Band and closes near the upper band. Medium-Term Trend: Neutral to slightly bullish. The price is recovering from a prior downtrend. Support: Around $31.00 (near the middle Bollinger Band and a recent consolidation zone). Resistance: Around $33.50 to $35.00 (historical high and proximity to the upper Bollinger Band). A breakout above the upper band might indicate continued bullish momentum, but caution is warranted for possible overbought conditions. The spike in volume accompanying the upward move indicates strong buying interest. Bullish Case: Sustained movement above $33.50 could lead to further gains, potentially targeting the $35.00 range. Bearish Case: A reversal to the middle Bollinger Band near $31.00 might signal a pullback or consolidation. Longby Sahrin0