With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :)
I was expecting it to retrace down to the 17 area to "fill the gap"
Instead it created a bull flag / pennant , and then in 3 days , broke out of our channel and above price action
All very...
SILVER is expected to RISE now.
* To Rise and come near 15.47 levels
* Stoch RSI (3,3,14,Close) is Rising.
* RSI (14,CLOSE) is Rising.
* CCI (20,CLOSE) is Rising.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :15.29, SL: 15.24, TGT 01: 15.42, TGT 02: 15.47, TGT 03: 15.64. The...
SILVER is expected to RISE now.
* To Rise and come near 17776 levels
* Stoch RSI (3,3,14,Close) is SINKING.
* RSI (14,CLOSE) is SINKING.
* CCI (20,CLOSE) is SINKING.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :15.68, SL: 15.43, TGT 01:16.73. The view expressed here is on...
SILVER is expected to RISE now.
The reason why we feel SILVER may Rise.
* To Rise and come near 16.3 levels
* Stoch RSI (3,3,14,Close) is Rising.
* RSI (14,CLOSE) is Rising.
* CCI (20,CLOSE) is Sinking..
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Long above: 15.96, SL:15.87, Tgt...
On 14th December 2015 XAGUSD put in a low of 13.62. Since then we have seen SILVER move higher and there are no signs that we're headed back to test that low any time soon.
I have multiple positions open LONG SILVER and I can't foresee a time when they will be closed (now 15.44)
Currently price is moving out of the monthly 23.6 Fibonacci zone into the 38.2 Fib...
We expect SILVER to rise this week.
STOCHRSI is rising.
RSI is rising.
CCI is rising.
Our silver long call will be Long above : 15.52 SL:15.41 TGT 01: 15.82 TGT02: 15.94 TGT 03:16.32
Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
