After quick runup from 74500 to 78600, silver showing some overbought indicators and MFI at 15mt timeframe started giving negative divergence. Soon 30mt and 60 mt shall follow. one can short silver at 78600 for T1 76500. SL at 78980 Happy Trading.
© Master of Elliott Wave Analysis: Shane Hua (CEWA-M) This outlook analysis suggests a further upward push in Silver futures with wave 3-red. However, it's still early to conclude this, so there's an alternative wave count (ALT Wave count) to consider. Nevertheless, approaching the target of $25.97 seems feasible, while maintaining a price above $24.82 is a...
silver si1 #silver in a possible cup formation. in the weekly
- Silver finally playing catch up rally with Gold - Strong trend but hitting the multiple resistance zone - A small pullback can be expected in couple days in this area - Gold/silver ratio is a bullish sign for silver for near term - Any pull back can be a buying opportunity for Silver! - I will be entering for long once its close above 26
Silver is looking like it finally wants to break out! AMEX:SLV looks even better on the weekly chart! Monthly, looks okay. not great but that can change over time. This could be the beginning of a HUGE Squeeze!!! 2x would be nice and is possible this year. Have physical, AMEX:CEF , 2025 #silver call options.
Silver is forming bullish pattern !!!! I am expecting a huge movement in coming days !!!
trading at resistance a big upmove upcoming if we break the resistance target of 95k
NO confirmation yet on monthly chart for silver's much anticipated breakout. Note, silver will most likely breakout on its own chart merit, a few months BEFORE it breaks out versus gold. That is what it has done the PREVIOUS 6 times since the early 2000s. #silver #gold OANDA:XAGUSD OANDA:XAUUSD
Silver showing consolidation around 75000. and although in overbought zone it is showing positive mfi divergence in daily time frame. One can enter in long position at 74830-74950 for a target of 76000+ stoploss 74700.
1 LAST FREE TRIAL CALL👍 COMEX..........After US Market Open.........👍 TREND CHANGE-—WAIT BELOW TGT1 IN NEXT FEW HOURS......👍 INTRADAY TRADING STRATEGY FOR GOLD AND SILVER......👍 Again Sell......APRIL Gold.....2182.00-2187.00 range SL 2200.01 Tgt1 2160.00 Tgt2 2150.00 Tgt3 2140.00....wait TGT1.....in next few hours..... Again Sell......MAY...
Silver: Daily Fibs and Indicators: Silver has a bull fib objective that takes it to 28.86, a massive move. It held it's 61.8% line in October 23 and was on it's way until December 23 when it stopped at the high of it's daily range. We traded down early in the year, only to test that high again htis past week. And, we are selling off of it again. We can't trust...
Quarterly candles can give VERY POWERFUL signals. 5 trading days left for #SILVER to regain a CONVINCING breakout posture...
After long Downside target done now next move possible for the Silver upside if sustain above 71672 stoploss 69137 possible target 72500-74000-75500-77500
After a short-term fall, there is a possibility of a five-wave rise. The current drop is going to be four wave on a larger scale.
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. ...