XAGUSD retracement to 19.45-19.1 area, then north to broke long time support of $21
The SOLID GREEN LINE will provide a historical support for SILVER. But also if you see the SOLID BALCK LINE around $30 may act as a resistance line. Also the DOTTED GREEN AND RED line is a possible channel trading in coming days/months. Silver is a overall BUY for next few months.
SILVER STILL NO BEARISH- BUY LIMIT ZONE - SPDR SILVER FUND WILL WANT TO SELL HIGH AND HIGHER ....
Wait for buy probably there is small regulation.lm waiting 15.650 www.forexerer.com
On Monthly Chart Silver Looking Nice To Buy Because Of The Downward Channel Or Wedge Breakout Reasons To Buy Downward Wedge Breakout Possible Reversal Onto Bullish Direction Pullback To Entry Point Nice Time To Add Onto Position Upper Trendline Breakout With Bullish Volume Bullish Divergence @ The Bottom Silver Bullish Is All Over The News Indicators Are...
I am expecting a Drop on H4 Due to Following Reasons Symetrical Triangle Breakout Upward Rejection High Volume H4 Short Does not Gonna Affect Monthly Silver Gains Consolidating at this area for a long time Let us see how this trade goes
Still monitoring the money flow index. Its at the same critical area during 2010 breakout
Silver currently trading near the level of 16.25, If Silver holds above the level of 16.42 which is the 100 days MA we short for a short term upsurge very quick to the level of 20.70. Currently facing the resistance zone of 16.42. Any close above it shall see a rocket to the above said levels.
I am very BULLISH SILVER but that doesn't mean its not worth shorting if the technicals are favourable. My preference is to get LONG above 15.87 but if price falls below 15.69 then I'll look to SHORT down to 15.52 (200 sma on H1) or lower.
Watching silver closely. Futures up today so far. Will see if it can top recent high in the next few days. SLV 1x, USLV 3x etf.
2 Potential gartley patterns setting up on Silver/U.S. Dollar
We were stopped out of our last contract in GC. We will keep a close eye on Goldie. We still like the upside. Stay tuned Watch more on our Weekly Video Update: youtu.be
Silver(07.01.2015) remain very quite for more than 2 months & traded in range. However this range bound trading came with some surprising moves which plotting the future movement story most probably. Fundamental remains very weak for silver from last few months, gold with bad performance in 2014 kept pressure on silver as well as slowdown in leading manufacturing...