The markets are really all about finding patterns and taking advantage of such forcefully. With Silver, the commercial producers and bullion banks tend to exert the most amount of market influence upon its price. The reason is that Silver is primarily an industrial metal sensitive to economic demands and also due to the fact that unlike gold, it is primarily mined...
3.19.24 This video is a review of tesla, dxy, oil, and silver. It's all about using a handful of tools to help you decide where the markets are going to reverse and whether or not you should be taking profits or entering markets as a buyer or a seller with a high probability that the market will at least trade in your direction for a while... using a small stop. ...
Silver has been trading within a wedge for about four years. As we approach the upper end of the resistance range, many traders are wondering if this can be the breakout that we have been waiting for.
What is behind this move?
There are a few potential catalysts that can explain the recent price action observed in March. Silver, similar to Gold, and BTC have...
A very rare chart setup for silver is playing out right now (only 3rd time in 50 years).
10 more trading days to confirm silver's quarterly defined breakout... Hang on tight!
#silver #gold OANDA:XAGUSD OANDA:XAUUSD
Considering to the technical analysis silver is looking good for a good up move . A deep consolidation on the higher time frame and on the higher levels . We can go long for longer time frame with given SL and Targets on the charts .
Silver is getting ready for a move to $50 levels. The momentum will pick up once the down-sloping channel is broken. A trade can be taken now with a stop loss at 20.45.
Gold has already broken out, silver looks ready to follow. Indicators also imply the same thing:
1. MACD moving average is rising, and is now up above the zero line
2. RSI is above its RSI...
Silver is at a critical point in it's chart. With gold breaking to new highs, Silver has underperformed but has rallied alongside the yellow metal. Now we are at a critical stage that can see silver breakout of its flag and continue it's bull trend. The indicator that I love to look for longer-duration breakouts is the slow stochastics, specifically, when it...
Introduction:
In the nuanced world of options trading, the Iron Condor strategy stands out as a sophisticated yet accessible approach, especially suited for markets that exhibit a balanced demeanor. This strategy, belonging to the "Options Blueprint Series," is designed for traders who seek to harness the potential of stable markets. Iron Condors offer a way to...
Silver may be coming in for a pullback. It traded it's first longer time frame bear fib on Friday afternoon, selling off in the last 4 hours of the session. Silver has been considerably weaker than gold, so should the sell off continue, expect to see sliver trading it's HWB long at the 50-61.8% line. In terms of Elliot Wave, there is a wave count starting at the...
