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Silverusd

Silver: Bearish within a 4H Channel Down.Silver has broken through the previous Low into an emerging Channel Down on 4H (RSI = 40.361, MACD = -0.033, Highs/Lows = -0.0364, B/BP = -0.1060). The dashed lines however keep the price for the time being inside a Falling Wedge with 15.600 as the Resistance. If the price breaks the wedge downwards, the immediate target is 15.300. If it pulls higher and then reverses we will set two targets: 15.420 and naturally 15.300. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
FX:XAGUSDShort
by InvestingScope
Silver: How high can it go?Following Silver's aggressive rise in recent weeks, it is useful to examine how far this rise can extend to. From a technical perspective, Silver has been trading within a descending parabolic channel after its 2011 All Time Highs. In recent years, the channel is following a more distinct Lower High pattern, which as seen on the chart produces 1M Falling Wedges within the parabola (MACD = -0.432) that eventually break the pattern to the upside in order to reach the third in succession Lower High, only to be rejected and form the next Falling Wedge. We believe a similar candle sequence can be followed (if the Falling Wedge breaks (the dashed line) upwards), which may take the price close to 17.900. The 18.550 - 19.100 zone is the maximum extension within the channel. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
FX:XAGUSD
by InvestingScope
Why Silver's bubble hasn't reached a long term bottom.This is a simple study for investors who want to take a long term position on Silver, making use of Jean-Paul Rodrigue's Stages of a Bubble. Although the "Fear" and "Capitulation" staged last longer than the theoretical pattern, the similarities are obvious through Silver's Bubble phase. It is also more likely that the "Despair" phase hasn't been entered yet and that the metal will continue to decline in the coming years 3 - 4 years until it starts returning to the "Mean". ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
FX_IDC:XAGUSDShort
by InvestingScope
1
SILVER - BUYSilver is a very important commodity, in fact it is even more useful that Gold. As only about 10% of produced Gold is used in various manufacturing, rest 90% goes for jewelry and just as safe haven, where Silver's 50% goes for manufacturing as an example your touch-screens, solar energy and medical sectors... But I'm not here to predict future of humanity :) Key things to note before analysis: - Top countries producing silver are Mexico, China, Peru, Russia, Australia, etc. Take into account their relationships with US, tariffs, their currencies vs USD. AUD/USD for instance, started to rebound already and has a huge way up to go. USD even if strong (as always) may strengthen a bit more, but has to go for correction anytime very soon. - Commodity market, for ex. Gold have shown reversal. Now Gold is a "Buy on dips" for majority and by far not many want to trade against its Bullish trend. - Assuming the average production price globally is $11.74 price still can go down, despite already some smaller producers are selling for a cheaper price (as their production cost is around $15). That is ok(ish) because the demand has lowered during last 2 years. But, India (which is major buyer) has increased its demand this year. - Demand will keep rising for Silver, but producers will definitely not want to increase production. For example Jewelry demand has already risen. "Why would I buy expensive gold jewelry during these crisis times. I want to save. Also silver is useful for health, it kills one-cell bacteria..." ;) - If commodity currencies rise, commodities prices will rise. Duh?! Ok, now the chart: Please pay attention to corrections, how they are broken and movements inside the channels. I have marked with red arrows price action which is less likely to happen and blue arrows show most likely to happen. So, I am expecting the price to test $16 latest by Feb 2019 and reach around $20.30 by April. The buy zone is reached for me and will SL at around key levels. If $13.58 is broken, I will look to start adding more at around $12 So this is a longer term trade. Please comment, share and like.
TVC:SILVERLong
by BerdRadar
Silver Past & Present Bull Run/Bear Market Analysis. Is RSI Key?This month's observations and discussion points are as follows: + Looking at the RSI, 200 MA and candles, it would not be unreasonable to believe there is more down time ahead. + Buying when the RSI is oversold on the monthly chart is not a bad good idea (not financial advice) as after the ONLY two previous times, bull runs have followed. Crunching the Data Bull Run & Bear Market A vs B Bull Run A >>> Dec 1971 ~ Jan 1980 (8 years & 1 month) Bear Market A>>> Feb 1980 ~ Feb 1991 (11 years) Bull Run B>>> Mar 1991 ~ Apr 2011 (20 years & 1 month) Bear Market B>>> May 2011 ~ Sep 2018... (7 years & 4 months...) Bull Run A>>> $1.39 ~ $38.20 (x27.48) Bear Market A>>> $35.12 ~ $3.62 (-89.70%) Bull Run B>>> $3.75 ~ $49.71 (x13.26) Bear Market B>>> $48.15 ~ $14.16...(-70.60%...) Notes: Bull Run A was x2.07 larger in price than Bull Run B. Notes: Bear Market A has so far decreased 19.10% more than the current Bear Market B. Final Calculation & Summary Bull Run A was x2.07 larger than Bull Run B, so it's logical to expect Bear Market A to also be x2.07 longer than Bear Market B. 89.70% / 2.07 = 43.33% Following this assumption, the current bear market needs to go 43.33% down from Bull Run A's ATH and at this point should become oversold on the monthly RSI and ready to begin a new bull run. It's currently already down 70.60% from the ATH of Bull Run B so I GUESS ALL OF THIS RESEARCH WAS A COLOSSAL WASTE OF TIME! I guess every bull run is different and shouldn't be compared?
FX:XAGUSDLong
by fifty2kph
2
Silver updateThe precious metals show very weak signs. Within only approx 8 Weaks the neutral trend changed to a negative trend and several supports haven been broken since then. Even the long descending trend line has been broken so that we´re now in the older downtrend. Silver (in $) has reached a swing trend line at ~14.85$ - this could be seen as support. Also it is on the lower limit of the falling trend channel. RSI is about to leave the bearish to the oversold zone, MACD also negative and the singal line has been triggered to the bottom. IF !! - the swing trend line (orange) holds, then Silver could rise to the upper limit of the mentioned trend channel (~ 15,15$). Actually the fight around the swing trend line and on the lower limit of the trend channel continues and one cannot say whether the downtrend would be stopped or not. To give new bullish signs Silver has to leave the trend channel to the top! And above 15.50$ (fib retracement 23.6%) Silver would be back in neutral zone!
TVC:SILVER
by Luettis
Silver shows weaknessSilver has not only left the negative trend channel to the bottom but also has had a bearish engulfing (2018-07-13) just after having a small recovering. There is a new support line, parallel to the existing trend channel and this should not be broken. RSI is in bearish zone, the trend shows a sideways move. MACD is clearly negative. To give new bullish signals Silver has to jump again into the trend channel, break the trend line (dotted), RSI has to turn up and MACD has to be triggered. The big picture for silver stays negative as well (weekly candles). For the moment to reason to invest but also no shorting. This no trading advice!
TVC:SILVER
by Luettis
Silver buy!The price of Silver ($) touched the lower limit of the trend channel and rebounded! This is a good sign, because it shows that the trend channel is strong and active. Now the silver-price can climb up to 16.59$ before reaching the upper limit of the trend channel and also the resistance line, formed by a fib retracement 38,2%. Some gains to make in short time. BUT , the trend is still negative, as long as the channel hasn´t been broken to the top. And even if, there are two following resistance-lines: 1) swing trend line at 17,2$ - a strong resistance where silver rebounded twice in the last weeks 2) the falling trend line (dotted) - a resistance that hasn´t been broken since november 2016
TVC:SILVERLong
by Luettis
Silver to break out of trend channel?The price of silver has rebounded on the swing trend line (support) and rose quickly back to the upper limit. RSI is bullish - not oversold and MACD signalling a positive trend (signal line just triggered). The vola of EMA 50 has been lowered - perhaps a good sign for the near future? Buy: if silver leaves the trend channel to the upside - aim is the swing trend line at 17.18$. Stop (or no action required): if silver rebounds at the resistance (limit of trend channel) and falls back
TVC:SILVER
by Luettis
Silver regaining forceAfter the last breakout of the negative trend channel (bull trap) Silver fell quickly back in to the trend channel but rebounced on the long descending trend line (coming from 2011). This is a very important support zone and it held. With much momentum Silver regained the next resistance at 16,40$ (swing trend line) and continues actually to the second resistance at 16,59$ (fib retracement). But the breaking would not be sufficient to generate a really good buy opportunity. Therefore it had to cross the upper limit of the trend channel (as last time). In that case Silver could rise to the last high at 17.10$ (swing trend line). As this line had been a strong resistance it needs a lot of momentum to break it to the top. Silver could then rise up to the falling trend line (dotted) - coming from nov 2016 (3 descending peaks). One can carefully take profit at the blue zone. A really, really big signal would be the crossing of this trend line - but we´ll shall not await too much. Stop: in any case the Silverprice falls back under the support - lines and even worse in the case it breaks the trend-channel to the bottom
TVC:SILVERLong
by Luettis
Why Silver Will Outperform Gold 400% The major monetary metal in history is silver, not gold For most of mankind throughout most of history, silver has been the much more important monetary metal, familiar as the metal of daily commerce. Gold was used only for very, very large payments, which most people make only rarely, if ever. Both silver and gold are monetary metals, i.e., they both benefit from monetary demand. (Monetary demand is also called “investment” demand. It is demand for silver as silver, and as an ingredient making something.) Most analysts miss silver’s monetary demand because they focus on silver’s use in industry. Certainly, since silver was politically demonetized beginning in the mid 1870s a vast amount of purely monetary demand disappeared. Today, most silver is used in fabrication, roughly split three ways among silverware and jewellery, photographic, and other industrial uses. But when confidence in central bank issued fiat money begins to fade, when fear strikes investors’ hearts, they run not only to gold, but also to silver. Especially in America.
TVC:SILVER
by TheWolfOfBinance