Silver has been in a downtrend for about 10 years. From 2020 until now, it has made a very good price pattern that has made silver a strong uptrend and I believe it will continue. 2025 it will be high. If you are planning to buy silver or already own it, you are doing the right thing. The same goes for gold. STRONG BUY
Gold and silver again are getting held down. Momentum is shifting bearishly as gold tops out again just above $2,000. Gold and silver miners are in a corrective pattern and will likely come down for a few weeks/months before we hit "the bottom" before the breakout.
When we view the price of XAGUSD since 2000, we see an asset which historically has done very well in the event of turmoil. When we had the dot com bubble burst in late 2000 we saw a significant price rally in the metals, Id imagine as people reinvest money as their tech stocks began to fall, does this have correlation with todays NASDAQ? If the NAS continued...
Silver will hit ATH and more, just like Gold. Global tensions keep rising, a real economic collapse will be here anytime now. Position accordingly.
Silver Swing Trade, I expect the High of 30000 to be reached , as a stop I use an important low
As mentioned above, one of the markets that has reacted most positively to the reassessment of expectations over US Federal Reserve’s probable rate cut path this year is the US dollar. Following Wednesday’s hotter-than-expected US CPI numbers, the Dollar Index has rallied over 1.7% in a straight line. It is currently trading at its highest level in five months....
Less likely to reach the top but still possible... Correlates strongly with Gold so should expect the reversal to be roughly when Silver reaches it's Liquidity Target?
Described everything in the idea about gold and snp500, check it out
Massive rally done by #Silver now time to going to consolidation or correction zone 30.2/31$ is big hurdles. Close above more upside seen else 1st ween some downside.
We have take-off! daily point and figure chart breakout 0.5$ box size. #silver
Silver keeps rallying and breaking the historical resistances. The next goal for the buyers can be the structure that is based on the highs of 2020 and 2021. The area that unites these highs also has a psychological level within - 30.0. The underlined blue will most likely reached soon. ❤️Please, support my work with like, thank you!❤️
There are two potential paths, and either one could play out. Either an inpulse pattern or a corrective one. The impulse (black count) should target the $100 level and could even reach the $200 price in a blow-off top. The correction (red count) should target around the $45 price level. Then continue it's path to under $10. It's too early to choose one over the...
Beautiful breakout on Silver… let’s ride this wave !
bullish possibility for silver when JPM.C.BAC cant suppress the short squeeze from event X
Short term Elliott Wave view in Silver (XAGUSD) suggests that cycle from 3.27.2024 low is ongoing as a 5 waves impulse. Up from 3.27.2024 low, wave (i) ended at 25.38 and pullback in wave (ii) ended at 24.73. The metal extended higher in wave (iii) towards 27.33 and pullback in wave (iv) ended at 26.26. Final leg wave (v) ended at 28.32 which completed wave ((i))....
The silver after its rally range bound and is expected to make correction giving short opportunity.
Silver can go upto $35/oz by year end. Please watch the video for detailed technical and fundamental analysis.