Silver / U.S. Dollar
Introduction - Once again with conviction in due diligence and much, much anticipation, Binary Forecasting Service presents 2300 tomorrow by noon New York time. From time of posting at 4:46 PM ET on 03/27, that is less than 20 hours away and I am dead serious. Details - For background , see previous work in links below to recent drafts. Otherwise, consider: 1)...
Introduction - This is a continuing series to map spot gold price action to 2360 but ultimately 5400. Details - See previous posts for how we got here. Otherwise this is the most updated trend map at this time. If it's going, it's going like this, either direction. Binary Forecasting Service's trend engine strongly favors bull outcome.
Introduction - Looks like we are moving for 2300 and 2400 in a runaway top for 3/31 and 4/01. As of 5:28 PM ET on 03/25/24, every prerequisite is in place and Binary Forecasting Service's trend engine explicitly calls for this move to be the outright favorite. For the next 10 hours, if price stays under 2175, this makes this outcome even more likely as the trend...
A TTM Squeeze on the Daily, Weekly and Monthly = a huge move is coming. I believe Powell will talk about adjusting the acceptable inflation rate in his speech tomorrow from 2% to 4%. He will appear dovish and inflation will rocket in the dollar starting April when the gamma has rolled off the quarter. I've also been noticing that precious metals are higher...
The war against sound money... keeping a "lid" on the price of the worlds biggest asset and truly the only real collateral in the world. Is being slowly lost. We have a continuation head and shoulders that many people are watching. But something to note Is that the previous times #Gold has traded above 2 thousand dollars The smackdown has been quick and...
Here is our detailed technical review for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 24.799. Considering the today's price action, probabilities will be high to see a movement to 25.274. P.S Overbought describes a period of time where there has...
This has broken out of two downward trends and Powell is about to be dovish with the dollar and let inflation rip again for Biden to get reelected. I see a VERY ATTRACTIVE options play right now - Endeavor's May Call contract at $2.50 is .20 right now and the O/I is off the charts. $5 is .05 or $5 a call. If silver blasts off like I think then these guys could...
Preferred direction: BUY Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver , is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers"...
SCENARIO 1: EVERYTHING hinges on the carry trade. If USDJPY goes down, so will yields - making inflation higher and commodities will boom. Of course this is a mistake and Japan (and the whole world) will feel the effects off inflation here since TVC:DXY will plummet also to 97. Then when everyone blows up in the summer sparking a u-turn and the FED realizes...
#SILVER.. well guys market very well holding your supporting trend line as we discussed in our video analysis, in first go market placed exact low near supporting line and bounced. its still valid supporting line if market hold it then again you can see upside momentum otherwise below that line a straight drop on table. good luck trade wisely
Hello,Friends! SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 24.646...
Silver nicely respected a recently broken key horizontal resistance. After its retest, the market started to consolidate on a 4H time frame and formed a horizontal range. Its resistance was broken yesterday, signifying the strength of the buyers. The market may keep growing next week, at least to 25.5 level. ❤️Please, support my work with like, thank you!❤️
SILVER has trimmed it's price significantly to multi week lows. The overextended correction is a good opportunity for possible reversal prospect. KEY NOTES: Daily FIB is at 61.8 level -- buyer's key demand area. Currently bouncing off this level with precision. Histogram higher lows. Daily Higher lows -- firm ascending support lines. TRI-MONTHLY higher lows -...
Introduction - Evolving again, but we are still going to go to 2365 by 4/12. This is the route to 2310 twice. Let's get this right first. Details - I have to keep this brief if I am going to give you more drafts that adjusts to changing conditions. So this is the "favorite now". The second top will be higher, but we will cross that bridge if and when.
#SILVER... well guys market absolutely very well hold your key support in first go and placed you targeted zone. Congratulations to all followers. Now we have again same supporting area. If market clear that area then downside next supporting area on table.. Good luck Trade wisely
#SILVER.. market at his today supporting area as we discussed in our video analysis. That is 24.50 Keep close that area n if market hold it then again bounce expected otherwise take cutt n reverse in hand. Good luck Trade wisely
price found resistance on upper white trend line showing strong rejection on first attempts
Silver price stand firmly above support price at 21.72, FED official mentioned would be have another three interest rate decision this year with expect of 75 basic point cut. Outflow from dollar market share start flowing to other asset class such as Silver? However, US presidential election would be held on coming NOV 2024, expect market would be choppy during...