The price bounced from the support zone at the uptrend line. It gives us a buy opportunity. This trade is risky because we don't have solid signals supporting the upward movement from the daily chart. But the risk-reward is good, and this trade makes sense. Entry Price: above 16.94 Stop Level: below 16.89 Profit Level: at 17.09 Risk per trade must be no more...
Silver has risen on the back of it now being unlikely that the US and China will agree a trade deal in the near future. However, we would want to see prices consolidate above resistance at $17.371 to be more confident that prices will move towards $18.
Bullish Wedge is a form of Triangle Chart Pattern& is a repeatable trading chart pattern. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern,...
My first 4x analysis on tview(aside from cryptos) and as always in great detail. To begin with, personally I've been looking into investing in gold/silver for some time now. This is just a daily, short-term t.a, which I will most likely follow it through with a more medium/long term analysis in the near future(which will most likely be in even a greater detail,...
Just like GOLD and EURUSD, Silver is expected to advance higher in wave iii of (iii). This is wave is usually explosive and send the market in the direction of the trend faster. I'm already long! What's your thought on Silver? Kindly let me know in the comment.
Wave 4 seems to be at an end soon. As long as the strong support of the high of wave 1 holds, also 200SMA and 61.8%, this is a good buy opportunity. High probability and great risk-reward. Black Friday sales were good so for now expecting a risk-on mood with metals taking a hit lower, in line with current forecast. Good Luck!
Silver has been in a deep correction of a Bull Market since July of 2013, with price trading above the 50 week ema, which is below the 200 ema, and both still above the 800 week ema. The 50 week ema is currently trending up, though price has traded down to test the 30 ema and 200 ema around 16.7. A bounce off of those emas is in progress. The Commodity is in a...
TVC:GOLD has been on a rocket ship lately, and our beloved gold bugs are getting excited (as am I). However, we have to remember that markets never go up in a straight line, shaking out many investors on the way to all time highs. On the fibs we are approaching the 0.618 level. This is a key level around $1,500. I believe we will see quite the retracement from...
Juniors looking to hold key support. Nice bullish engulfing weekly candle. $GDXJ $GDX #gold #silver $GLD $SLV. A break above that downtrend line would be a solid entry
#Gold / #Silver Ratio: It's been tap dancing around the 87 level for 2 years. This look like it's going lower to me - 81 next target. $GLD $SLV $SIL $GC What do you guys think?
I really like this $PAAS chart . . . broke out of an 8yr downtrend line, successfully retested and pushing higher. Could take some time/further consolidation, but get above 22-22.50 and there is major blue sky. #silver $SLV $SIL
In the name of Allah, the Most Gracious, the Most Merciful. SILVER MAY DUMP MORE. IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY. HOW TO TRADE ON OUR SIGNALS. We Explain above you use that lot size whatever Capital you have. Let say, for example, you have 4000 Dollars Capital. We Posted Trade which has 4 Take Profit. We will use 0.20 Total lot...
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Gold and silver prices are modestly lower in midday U.S. trading Wednesday. The global trader and investor environment at present are one of the scant geopolitical concerns amid a booming U.S. stock market. That’s a bearish scenario for the safe-haven metals. However, such cannot continue indefinitely and veteran metals market bulls are biding their time. December...