Get started

Silvercharts

Silver 4Hr Uptrend ChannelMy fundamentals and technical analysis suggest the Silver is on an uptrend channel. Gold-Silver-Ratio indicates a strong dislocation in the precious metal market. Silver bounced back from 11.6 to 16.11 (at the 0.618 Fibonacci retracement line). Using a Pitchfork, I drew the upward trend crossing through the middle of multiples tops and lows since the 18 March (the pitchfork trend limits also match the Fibonacci Fan lines, but I did not draw it for the avoidance of confusion). Finally, there is strong support at 15 but it breaks the upward trend. My options are: A) To wait for a retrace to 15.4 and going long with SL at 15 and TP at 17.65. B) to wait for the next wave: Silver strength continues to the 16.3 and retraced to the pitchfork lower band of 15.8 before the next big move to the 18.2. Any comment?
COMEX:SI1!Long
by QuantVox
SILVER UPDATE technicaly based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support 📌Why DepaDigitalTrading: *Analysis based on my program and tactic readings *Fundamental side in analysis *Price action - FIBO - Candl pattern *FX - STOCK - CRYPTO *Day trader - Swing trader - Position trader - "Sniper" *Simple ideas 💡 SILVER technicaly based idea, technicaly indicators showing we can expect higher push up in price, we can see strong bulish candels formation, technicaly picture good, expecting to see push in price till FIBO 0.6, possible based on candl foramtion and break of 0.6 FIBO 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
TVC:SILVER
by UnknownUnicorn3983388
Gold/ Silver Ratio - Historic First - 115 : 1The gold silver ratio (GSR) has set a new 100 year record, with the value of 1 ounce of gold exceeding over 115 ounces of silver. I would suspect that the drop in silver is largely due to the global slowdown that we are currently facing from the Coronavirus, as silver is predominantly an industrial metal, given that this slowdown is far from over then the logical conclusion would be that silver's move to the downside is not yet over. This means that despite the GSR being in excess of 115, then higher levels are entirely possible, and are in fact likely. This comes on the back of silver making intraday lows, below that of the 2015 lows around $13.65, with silver touching $12.70, this means that we could be seeing silver in the single digits in the not-too-distant future, particularly if the global lock-downs continue. That being said, we are likely to see some enthusiastic buying at these levels from precious metals investors, particularly with the GSR at these levels. So a bounce is possible, although i do see lower nominal silver prices going forward, the GSR however, may not display the same one sided move. Sources: www.macrotrends.net
COMEX:GC1!Short
by Profit_Link
2
Silver/USD bullish signsHello. Few noticements here on weekly time frame on silver: Double bottom (red marks) Good, clean looking reversed head and shoulders After breaking the 200 ema (red line) it used it as support. If you compare this to previous movement it could be possible that we see upward movement as as long as we stay on top of it. Same happened on the 20 ema (yellow line) four weeks back. Tested it 3 times but bulls took the lead. Also downtrend (greenline) is broken with and nice looking cross on 50 (brown) and 200 ema which both are bullishs signs Just simple speculation ;) If you do trades always use stop loss -Jebu
TVC:SILVERLong
by PalenTrade
Waiting for SilverIf you like this idea, don't forget to support it clicking the Like Button! Hi guys. This idea is a long term analysis of the Silver bullish trend (probably bullish). My tactic for silver is to wait until the point (C) is reached and to expect for candle confirmation of bullish trend continuation. If you are looking for a short-term trade on Elliott corrective waves, I suggest you look to the related copper idea. Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. I am not a financial advisor.
OANDA:XAGUSD
by Investing_Fellow
Silver Long Term Bullish Trend with 3 Possible Scenarios Currently bullish on silver with the following scenarios to be considered A. Price breaks 18.20 resistance and continues higher to 18.70 or beyond B. Short term pullback to 9ema zone before we continue higher and break resistance C. A larger pullback to do more formal retest of the broken 17.40 area All daily trend signals have flipped bullish (9ema, 20ma, ichi cloud twisting green), MACD also signaling green, the STOCHRSI is signalling a pullback in the near future. Silver is a buy, any puts i'm in are for hedging.
TVC:SILVERLong
by eshy