A 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite). Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals. TTM squeezes normally see price bounce off...
It doesn't matter what short term paper contracts do, or taking profits - the East is importing gold and silver at a beguiling rate that won't allow for much shenanigans for the metals market. I was however surprised to see the price bounce exactly off the top of the box. I see silver going down to $24 area, shake out some hands, and rocket up past $30 after...
Bullish Divergence... Across all the time frames. There's never been an easier trade! The Silver Bullet won't let you down!
Falling Wedge / Bull Flag... 200 MA on 4 hr holding. Bull Divergence on multiple indicators and time frames. I would not be selling or throwing in the towel. Adding is the way.
"That's a HUUUUGE wick" - Deuce Bigalow Not uncommon for PA to come back down to touch the 20ema - which intersects a big trendline AND illustrates a backtest to the broken downward trendline. I anticipate this move happening fast, and could be combined with a minor market drop overall. Exo-political situation that's escalating is the USDJPY - and the BOJ is...
Silver looks to be making a clean Parabolic trend out of the 5 year consolidation pattern. A 6 month rise into previous ATH territory for some profit taking. And a 50% correction into Winter for a yearly high of around $47 with a close around $36 to set a nice yearly bullish candle forecast (drawn in orange) to start this multi year Silver Bull Trend into new...
Bullflag. Bull Div... 200 MA on 4 hr holding... i.e. 33day MA... ALL DIPS FOR YEARS TO COME ARE FOR BUYING!
HODL the Silver Bullion! FODL the digital Foolion! It's happening! The great SILVER BULL has commenced!
I spent my teens and 20's focused on the wrong things. I was a late bloomer to trading, investing, and saving. I had a small ROTH IRA in 2010 with some mutual funds that went nowhere. Everyone was screaming Silver to $500... It was headed towards $50. And I was buying in the mid $40's in 2011 and by 2017 when I learned how to ChART. I sold it all at a...
Is very telling... We are currently over the macro .786 FIB where the last $26ish Node sits. But the $16 macro level tells the tale. So many selling that level that held from the early 1900's and again in 2007 - 2011... But over the past 9 years. Physical Stackers have been accumulating that level. Paper traders have too... Nations are... Bankers...
MID SUMMER! BTFD!!! Bullish Broadening Wedge! There is NO RESISTANCE at $50!!! NO ONE IS HOLDING $50 SILVER FROM A DECADE OR FOUR AGO! It will cut through that like hot butter from all the cowboys trying to short the top and getting stopped out.
ADAM AND EVE Bottom... If you try to get cute... You get what you get. Play stupid games win stupid prizes. Missing the forest for the trees on this play... STACK AND HOLD!
7 YEARS 700%... Wanting more than 100% a year for the next 7 is greed... This is the trade you literally can get into. Sleep at night. And just be patient. Bitcoin has proved 3 times that it is not more valuable than Silver and the ancient monetary/industrial metal is about to go through it's great reevaluation and put some distance between the "digital...
Don't think #GOLD is done by any means. HOWEVER....... Sold some positions around the date of bearish engulfing. As of today the precious metal is still @ that price level. We missed a lil more upside but it wasn't much oi the whole scheme of things. #SILVER shows same exact signs except the Bearish Engulfing. AMEX:GLD AMEX:SLV
Miners didn't accelerate to the upside like metals because they do better in lower interest rate environments, whereas metals do better for volatility events. You could buy ITM puts here on JNUG, NUGT, GDX or GDXJ and see a good return, or just wait for this to bottom in a couple of weeks and ride the lightning. THIS opportunity is one of the 2 that I see this...
This has broken out of two downward trends and Powell is about to be dovish with the dollar and let inflation rip again for Biden to get reelected. I see a VERY ATTRACTIVE options play right now - Endeavor's May Call contract at $2.50 is .20 right now and the O/I is off the charts. $5 is .05 or $5 a call. If silver blasts off like I think then these guys could...
This is a great leveraged silver miner play. I can see this easily doing more than 700% when silver breaks its ATH, which this miner wasn't even around for, so I can say that it can do 1400%. Obviously do your own research, this is NOT financial advice. I also own this miner myself so I put my money where my mouth is...
Peaked at 372 oz of Silver to S&P... VERY possible it goes under 1 to 1... Hedge against inflated market manipulation... HARD MONEY!!! SILVER!!!