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.
Lets see what Monday gave to us, if commodities mkt reversed we could see silver at 16,7-17 $
Running Alpha’s Sentiment Maps are indicating Silver Futures ( based on September Futures Pricing ) is at a critical juncture — price is expected to breach the critical price level of $13.68. The likely result of this breakdown is a sharp and persistent price move, which will likely defy most market media watchers expectations. With 20 years of active research...
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
Silver (09.14.2015) moved higher & almost kissed the $18.70 as per our last report. However strong down trade line stopped the momentum. Now silver is trading around $16.36 mark & as we can see on charts, silver rally was strongly rejected by descending trade line & this will be the 4th point when we have a rejection here. This shows the strength of the trade...
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
Price retracing back to the support turned resistance key level. Textbook break retest continuation setup
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...