This month's observations and discussion points are as follows: + Looking at the RSI, 200 MA and candles, it would not be unreasonable to believe there is more down time ahead. + Buying when the RSI is oversold on the monthly chart is not a bad good idea (not financial advice) as after the ONLY two previous times, bull runs have followed. Crunching the...
No long explanation here, just thought i'd do a quick share on markets I am watching to get in on for the long haul. If you read most of my charts in the past 3 weeks, you should know how I trade. Feel free to use this as your guideline. This is long-term trade so atleast a year upwards before you look into collecting your winnings. I don't really suggest where...
While the gold miners are looking to finish the ABCDE triangle consolidation shortly, they still have not decided whether they will go lower to touch the E at the bottom of the triangle or break out early and leave E behind. Hi Ho Silver however, already gave us a fake breakout first, and has now gone down and touched the lower triangle point E. This is a buy...
Silver looks to be breaking out from its short term downtrend. This will have long term ramifications on the gold and silver bull run. Expect much higher prices for both Gold and Silver by year end. Silver especially will be very volatile. Load up on silver miners as they will benefit the most from this.
Gold/Silver ratio looks to be topping out against strong resistance levels. This should see the trend reverse quite sharply as Silver is incredibly volatile. Should therefore see much higher silver prices in the latter stages of 2018.
As always guys trade with your own mind, if have any question feel free to leave a comment. TVC:SILVER
Freshly trading its prices right in-between the 8, 21 EMA and 200 SMA, the XAGUSD (Silver) decidedly formed a bullish fakey pin bar suggesting for the continuation of prices higher. This is a strong signal I'm willing to enter on. despite my ongoing trade.
bought at 16, and now, possible break thought of Silver. let's keep the position and add after further go on :)
Long silver to $25. Bull divergence on the RSI. Silver is both an industrial metal, as well as safe haven.
We are currently in a strong bull channel for silver, leading towards $20. I still believe silver will be the stronger performing PM by % over the next few months. Although we ended in the red today, the fact that there was such strong support at the $18 level is a very good sign for bulls. MACD is looking to cross here on the 1D.
I made the poor choice (captain hindsight), to long silver miners (point A) instead adding to some of my fav gold miners (AEM/BTO). My rational behind this was I truly believed that silver had bottomed at the $17 level (which has proved to have been correct so far), and that it would bounce back over $18 in the next few months (which it is still on track for). I...
Aurcana Corporation is a Vancouver-based company whose shares are listed for trading on the TSX Venture Exchange (AUN.V). Aurcana owns the Shafter Project, a silver deposit located in Presidio County, southwest Texas. The Shafter Project was advanced and substantially built prior to being placed on care and maintenance in December, 2013. vimeo.com The...
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
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.
SILVER is expected to SINK now. The reason why we feel SILVER may SINK. * On weekly basis it has just started SINKING * To Rise and come near 14.98 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 SELL call...
SILVER is expected to SINK. There are many reason why we feel it may ...... * BEARISH ENGULFING in WEEKLY Chart. * To SINK and come near 14 * Stoch RSI (3,3,14,Close) clearly states it may SINK. * RSI(14,CLOSE) Is also of the same view. * CCI(20,CLOSE) Is also saying the same. Keeping all the above indicators in view along with the chart pattern we expect it...
XAGUSD is expected to sink now. There are many reason why we feel it may sink. 01. It has not sustained quarterly buy level. 02. Pinball in daily Chart. 03. To sink and come near quarterly sell level of 14.12 04. Stoch RSI (3,3,14,Close) clearly states it may sink. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is also sinking. Keeping all...