Silver
CFDs on Silver (US$ / OZ)
Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
I buy silver, not much to be honest. A few ounces here and there. But, I prefer crypto which is why I am taking the chance to sell some silver now. I think it is better invested in some quality DeFi projects. I want to add to Alpha & Rune positions. The chart: Silver has been in an uptrend since March 2020. Culminating in an ascending triangle pattern. It looks...
XAGUSD ( Silver), Buy on H1. H1: - Structure: Uptrend - Tendency: Upward - Break and above support => BUY
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 27.40 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
I got two entries , a safe one and agressive one with different stop loss I’ll update for changes
XAGUSD (Silver) is lining up for a short down to the $22.30 support zone. Price got manipulated by so called 'Reddit traders' who threatened to short squeeze the price of Silver as a counter attack on hedge funds positions on Silver. Price rose on Friday but very quickly got rejected by a major resistance zone, coming back down and closing the daily with a huge...
i may have been mistaken w my previous idea as it looks like a double top is forming meaning price may actually go down. but lets keep watching and see what happens :) comments and/or suggestions highly appreciated
if you Look at the eliptics there is same pattern which is completing. If it works we will see new rally for silver. Silver is very strong compared to gold weakness.
equalateral triangle on 5m TF - wait for breakout to determine whether we place a long or short position :) comments and/or suggestions highly appreciated
Get ready to sell your ass!
go down timeframes and look for buying patterns next week... hopefully dxy gets weaker
Midterm forecast: While the price is above the support 21.90, resumption of uptrend is expected. We make sure when the resistance at 29.85 breaks. If the support at 21.90 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI downtrend #1 is not broken, bearish wave in price would continue. A trough is...
Silver took an unexpected pump north on 2021-01-28. Loads of short-sellers were taken out. Well part of the inside story is that bandwagons of 'robinhoods' on a certain social media platform, decided to conspire and pump it. They were the same groups of people who pumped GME. They believe they are powerful based on the GME effect, and can do this sort of thing...
Often times traders want to know if an instrument's price is going up or down. It's an expectation of some sort of prediction. The problem is that price could be going down on one time frame but up on another. How is that possible? It's just a matter of perspective. You could see price move down on a 1 minute time frame but that's not so important. Really -...
ascending triangle forming (more clearer on 5m TF). waiting for breakout and possible pullback before making an entry. comments and/or suggestions highly appreciated :)