Silver is currently at an inflection point. The industrial/precious metal has held major support as of late, adding a layer of optimism to traders and investors alike. Moving forward, we will need to continue to hold this major support level to keep our optimism intact.
Headwinds:
This week will be an inflection point for the silver market. Not only are we...
Nobody dares mention TRIPLE digit silver anymore...
Yet, I will.
Here is the road map for 125$ and then 500$.
There will be many breakouts and breakdowns on varying time frames along the way.
DO NOT CONFUSE BULLISH ROAD MAPS WITH PROPERLY CONFIRMD TRADE ENTRY.
#silver
Silver, often recognized for its resilience in the commodities market, is currently staging an impressive bounce back, creating a compelling narrative for traders seeking long-term opportunities. This resurgence in silver's performance holds promise for those looking to capitalize on potential upward movements.
The recent bounce back in silver reflects a renewed...
Currently SL is in a downward trend, but if the red average indicated by the blue arrow is broken and we enter the green zone, we will open a buy deal.
Silver is trapped between 22$ and 28$ walls.
Possible MINOR false break down, which could lead to a MAJOR breakout.
#silver #gold #inflation #recession
SI1! Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Support, Resistance, Trend Lines, Cluster, Confluence, Rectangles, Pitchfork, Modified Schiff Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck
DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment...
Silver COMEX may bounce from here. Support at 23 and a bullish wedge formation on daily chart. Stochastic on daily chart also showing an oversold position.
SILVER H4: SELL MAY OCCUR SOON AND SILVER MAY HIT $20 IN A WEEK.
The technical and fundamental analysis, chart pattern continues to fall. Its clear sell after getting resistance near $24 and now it runs below the trendline that is clear representing the downfall near $24.
Note: For more information about different pairs of the market, keep following me.
Silver is still a very "UNCROWDED" trade right now.
However, it will be "CROWDED" once it stretches far above its moving average.
Prices will be MUCH higher by then.
#silver
Silver futures have faced challenges in the new year, but the market has established higher lows, instilling a layer of optimism for the precious metal.
Like all risk assets, silver will continue to be susceptible to changes in interest rate expectations and the path of the Federal Reserve. Recently, the bond market has tempered its expectations of an interest...
Silver dropped from the resistance and broke the lower border of the descending channel.
If we look closely, we can see that the price is near the reaction zone. It bounced off this level multiple times.
If the market fails to break through the resistance level, we can sell at that level.
We anticipate a breakout of the channel and further bearish...
Critical support zone, indicators slightly negative, expecting downturn until 68300 levels, after which there is a possibility of reversal if it doesn't break the support
Next two days movement will help decide entry
Silver popped up on our TrendCloud Scanning System and started showing us a short signal.
TrendCloud signals started forming and are still working out nicely.
Trend and momentum are both down across multiple timeframes and heading toward the first ADR checkpoint.
If you would like to become consistently profitable so you can move out of the simulator and into...
Last 15 years this seasonal trade has a 93% success rate. Entry is on paper 12/22 however entering it a little early isn't the end of the world.
Looking to exit before the 9th of Jan but leaving myself room incase i need to leave it open.
"I'm never going to financially recover after that last trade."
-Kewlkat
