Hi Guys, just some infos. Following surprising NFP datas today, silver has fallen below B whilst Gold/Silver ratio has run above. Gold instead remains above B. Does it mean that Gold will soon follow Silver? I don't know...I am asking. Lol Here a link to the explanation provided by Investopedia in respect of the Gold/Silver Ratio: www.investopedia.com And...
We can open Sell position if the H12 candle will close below Mirror Level 16.652. Potential profit will be in 3...5 times bigger than risk. Before to trade my ideas make your own analyze. Write your comments and questions here! No need to write it in PM. Thanks for your support!
La Plata (Silver) en etapa de acumulación desde hace 5 años, en el momento que rompa ese rango el precio va a volar. Con mayor probabilidad la ruptura debería ser hacia arriba. Los osciladores reseteándose, preveen un movimiento violento. Para inversores conservadores y con poca paciencia, el momento de compra es a la ruptura del rango.
silver is trading in an expanding triangle labeled as wave 4 (iv) and just finished the final leg expected in this triangle. we are waiting for NFP report in 40 minutes in which i expect a move lower for silver to finsish 5 waves down. 16.30 level is interesting level to long again silver.
As any avid precious metals investor would know, the Gold/ Silver Ratio is currently flashing a strong "Buy Silver" signal, with a ratio at press time of over 87:1, this is telling savvy investors that silver is undervalued relative to gold, or that gold is overvalued relative to silver. I believe that we could quite easily resolve the rising wedge pattern and...
2 possible counts. The green count seems more likely because I see 5 wave subdivisions within the larger waves. We just reached the 1:1 fib extension and if we can continue upwards through there, our chances improve that this trade continues upwards. Breakout will be confirmed if we reach $11.60
Silver starting to make it's move to breakout of consolidation and pullback and miners, esepcially the juniors really pushing hard up.... expect next move to test resistance line above.
I think the daily based decently here, and judging by Friday's bar, a trend might be about to gain traction. Silver is likely a good buy from here onwards, should be a good addition to your portfolio, to hedge equities risk, and/or to profit in a speculative FX/Futures account. There will be many trend trading opportunities in precious metals going forward, most...
Simply a return to 2016 levels would net us a 350% return. Hyper-conservatively speaking, bare minimum, I see a 50-90% increase in AUMN in the near future. If AUMN experiences a crash near previous lows, I will be buying while others are selling.
Please, note-We are still holding our short position both in gold (entered at $1530) and silver (entered at $19) as we could witness the very severe breakdown within the precious metal sector in the upcoming days and months which would ultimately make our positions more profitable. In order to secure our profit We have moved our stop loss in Gold at $1503 and In...
Let me be clear that until we break to new highs (~11.60) with confidence, there is risk still for one last pullback to (~8.90). However, the fundamentals are lining up for silver to go parabolic, whether that happens immediately, or the beginning of next year. My long term target is in the $20's
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.