Eindspel for the big ones What’s happening now in the retail market is they’re going after the silver shorters, who are basically bullion banks
📌 ridethepig | Silver Slingshot Attacking the highs several times • The protecting sellers get in each other's way! • How to maintain the momentum • The birth of fresh strength • Reassessment as an invalidation Since after: The move has been very promising, buyers should, as has been emphasised a few times, have played the momentum trigger. What is the...
Silver seems to be moving well let's wait and see since now my risk is above 0
This long term silver chart shows how speculative the metal is. If we look at the Hunt brothers debacle in the 80s where they tried to corner the market it led to disaster. The attempts by the Reddit crowd to send it up would normally fail. We must be aware though that this price move could carry much further due to the devaluation of money in general. Gold is...
The technical level is very interesting right now, close to a break-out upwards that could go back to previous high on 29-30 and perhaps past it. I'm long.
Ascending triangle on 30m TF Could rise to indicated level Comments and/or suggestions highly appreciated:)
Silver managed to get above the resistance at $27.50 and is trying to settle above the next resistance level which is located at $27.75. If silver gets above this level, it will head towards the next resistance at $28.30. RSI is in the moderate territory, and there is plenty of room to gain additional momentum in case the right catalysts emerge. In case silver...
A cypher pattern formed on Silver, 4H Price should reach green lines before the red one. Until either of lines touched the pattern is still in play. Good luck
Silver keeps failing to rise over the 28 dollar mark. A drop back to previous support is now more probable. Do we expect Silver to break over 28$ eventually? The answer is yes but not while Nasdaq is dropping. That correlation is the key.
Dear traders, silver is in a good technical condition to break the flag and rise again. Monitor it carefully!
1) we have two engulfing candle , at the resistance area. 2) if the price can break below 27, we can see price can move down 3) Big resistance area at 29-30 area 4) if price break below 27 , will add short position . target area 25