Bobby's homework assignment part 25.14.23 We followed up on the es and where it was likely to go. After that we looked at the dxy, and then took a cursory look at the silver market before we ran out of time. 20:00by ScottBogatin6
Potential Double Top Forming on SI Daily ChartSilver touching major resistance area and potentially forming a double top if it can't break above 26.50. I also noticed a double bottom that's playing out on the 15 minute chart that I missed while being away. Could go either way, but I think fundamentals support bulls. by rlx-tknotes112
Bull Silver24.90 remains a strong 4 Hr support level. RSI touched my divergence trendline perfectly before price bounced right back up. Waiting for price to cool off a bit before entering long again. Longby rlx-tknotes0
Double Top Silver?Looks like a double-top on 4 hour SI chart. Price broke below 50EMA If price losses the upper trendline of the descending triangle expect price to push to bottom trendline of triangle at least. Will it tap the upper trendline all the way down until the break up? by rlx-tknotes0
Silver Pulling BackNot perfect, but big shooting star on SI daily chart along with break below the 50EMA on the 4 hour chart makes me think Silver may pullback to major support from 24.00-24.60 before shooting back up. Could the star really be the 2nd top of a double-top? Time will tell. Holding steady for now. by rlx-tknotes0
2nd Chance Pullback - SI Bullish RSI DivergenceI'm seeing that 4 of the last 6 times that this pattern has played out over the past 4 years, at the first major pullback the RSI continues to put in a higher low. Price then move higher. Longby rlx-tknotesUpdated 2
Silver Bullish RSI Divergence 4H ChartI'm seeing a bullish RSI divergence coupled with a descending triangle on the 4H silver chart. I see a similar setup 5 times in the past year and each time the price went up. Am I seeing this correctly?Longby rlx-tknotesUpdated 333
Bullish on silverplease take a note that you can little by little close your shorts on gold and silver and prepare for long ...... you see big bullish pattern on silver ...... Go long on Gold Go long on silver you see maybe we encouunter recession in six month ahead , then dont expect silver outperform gold any way .by imanntabesh1
Short SilverThe price breaks out on range on daily chart. Additionally, the resistance trend line (weekly chart) holds. --> double Bearish signal COT index bearish and from the week after this week bearish saisonality. A daily close below 22.20 would be additional sign of weakness SL: 24.75 (above high of range) Target: ~18.50 (previous tripple bottom) RR: ~1.8 Manage your risk and take your own decisions.Shortby MichiBTC2021Updated 110
Silver H4 Targeting A Test Of 27.35In this update we review the recent price action inthe #silver futures contract and identify the next high probability trading opportunity and price objectives to target01:20by Tickmill6
Silver oscillates to repair, or rises and falls The departure of leaves is not the pursuit of the wind, nor the tree's non-retention, but the arrangement of fate, natural choice, flowers bloom and fall, reincarnation of heaven, what should come will come, what should go will go, sometimes leaving is not enough Means the end, but another kind of beginning. Silver has also entered a short-term repair and shock market, and is currently in a small rebound in the shock, so wait for more orders to intervene after stepping back at night. For silver operation, it is recommended to buy at 25.0, risk control at 24.85, and target at 25.40~25.55. Silver is currently rebounding again or testing the top of the range. The intraday pressure is 25.40~25.55, and the support is at 25.0~24.85. The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy lifeLongby DomineeringdealUpdated 2
SILVER SILVER - Short Silver starting its downtrend - Below marked pink areas are targets are reversal zones. - Strict SL is given. - Analysis done in 1h time frame Shortby I_M_VARUN_TYAGI332
DeGRAM | SILVER buy pullbackSilver pulled back against the bullish trend. Price is trading in the ascending channel, and it made a higher high. We expect a breakout of the trendline and then a further bullish move to retest the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM6610
Silver vs. ES Weekly chart view of Silver (futures) vs. SPX (futures). A bullish pattern that has yet to break the neckline. by nftrh.com0
Silver H4 Targeting A Test Of 27.35In this update we review the recent price action in the #Silver futures contract and identify the next high probability trading opportunity and price objectives to target01:01by Tickmill3
Silver's Daily Point and Figure Chart50 cents box size 2023 breakout in progress It is happening once again... Got silver? #inflation #recession #sugar #silver #gold #oilLongby Badcharts115
Silver Futures' Daily Log ChartSilver's reset before lift off. #silver Key elements to look at: distance from 50 day moving average "wall" (previous resistance turned support) "wall" retest shallow pullbackLongby Badcharts4
Silver Long hourly demand from goldThis is a trade mirroring a demand zone from a level on GoldLongby crabcream0
Strong bullish market in silver!!!!??????Hello friends and good night I hope you had a great week and thank you for your support Analysis of silver = dollar The beginning of the silver market trend from the price of 17.400, which is an impulse or diagonal or multiple zigzag pattern that can form wave one. Wave 2 is also a sharp double zigzag pattern that usually occurs at the beginning of an uptrend If the strength of the bullish market is high, we will definitely see a shallow correction and a strong rise But if we see two complete cycles of one and two (black color) and one and two (purple color), a little higher than the previous level of 24.780 and then a correction up to 50%, finally 60% or this may be a shallower correction. Finally, following the third wave exactly like the larger degree cycle, it happened on March 2020 until February 2021, at which time 1.2 and 1.2 will appear and then the third wave will appear. Good luck ! be happy ! And be patient in your dealings. Buy = down Sales = highLongby mehdi47abbasi797
Silver SI - A Simple Trendline and Levels ScalpSilver's price action has been curious, as it started to drop suddenly right at the beginning of February. Lost 5% in a day, in fact. Gold took a little bit longer to move, and notably dumped on a much smaller magnitude. I have an open call from mid-January that gold is likely to correct, and it appears to be coming to fruition: Gold GC1 - Discard Greed, Enjoy the Tranquility of Rationality The thesis being that the Nasdaq and tech will moon... Nasdaq NQ QQQ - Reality Will Be a Tough Pill for Permabears And as it does, metals will dump, and once the stock market is exhausted then the pump cycle will rotate back into metals, and things will really go. All that being said, I believe that based on Silver's price action that it's dumped for the purpose of short trapping and liquidating longs and is about to make another move up before silver really starts to head down. A warning on China Since January 10, the Chinese Communist Party has claimed that there has been 0.00 new Wuhan Pneumonia/COVID-19 cases. This comes after news that the country was absolutely sacked by the pandemic after Xi Jinping threw away the disastrous COVID-Zero social credit lockdown blunder. The after effects were so significant that countries like South Korea were suddenly blanketed in difficult-to-explain smog , which may very well have come from mainland cremation furnaces being on full blast. What this tells you is that at any moment, any bullish impulse in markets-at-large can be interrupted by big time pandemic problems, up to and including the USSR-style fall of the CCP. So you have to be careful, and you have to be prepared. Mainstream media is not going to alert you that there's any problems with their darling erstwhile model of the world they want to create: the Chinese Communist Party. They'll leave you ignorant until the disaster is sprung on you like a cantilever and you'll be the one who suffers the regrets. If you have heavy long positions you should really hedge with 60+ day 10% OTM puts on the indexes/index ETFs. The call To understand silver, we have to look at the long term price action. Monthly We're dealing with a _very_ wide dealing range between $30 and $12~. '22's low of the year was only $17.50, and any very very bearish scenario below that could see as low as $13. I have reservations that we see $13. I think that in reality a bear impulse on silver might only go as low as $15, and not for very long. On weekly bars, the present situation is more obvious. Weekly We're dealing with a 10+% pullback with both a trendline and the $25 algorithmic/psychological operation figure that went untouched. Not only did $25 go untouched, but they set a double top there before the curiously-timed dump that gold did not follow. Thus, I believe that what the market makers have set up to do is to raid the $25.50 level, perhaps in the period around Tuesday's CPI and into the end of February, before silver retreats back towards $18. The iShares Silver Trust $SLV likewise set a double top, failing to raid the previous daily high by 2 cents. All the stars are aligning, so to speak, and makes a fine trade long over $25 in anticipation of a Lyft-style fakey trendline breakout: LYFT - Buy the Dip, Ride the Lift $22 --> $25.5 is close enough to 15% and in a time horizon that should manifest before February is out. This play will also knock out a ton of short sellers, while bringing in a lot of momentum traders who like to buy highs. The MMs may also use this to drag in the fools who think that the USD is done and that their bullion will reign supreme, despite us living in an era when every central bank wants to install its own digital currency and its own CCP-style social credit system. And thus, if this pump does manifest, you have to mind your greed. Over $25 is a sell and you want to see big manipulation to the downside, because when this Party is very close to being finished, $50+ silver is legitimately coming.Longby LordWrymouthUpdated 336
SILVER FUTURES Daily Technical AnalysisSI1! Daily - No RECOMMENDATION or ADVICE Status / EDUCATIONAL only - Cup and Handle, Support, Resistance, Trend Lines, Cluster, Confluence, Parallel Channels, Rectangles, Pitchfork, Fibonacci Extension - Hope it Helps, Good Luck DISCLAIMER - This communication is not trading or investment advice, recommendation or solicitation to buy, sell or hold any investment product is provided for informational, educational and research purposes only. All illustrations, forecasts or hypothetical data are for illustrative purposes only. The author or persons involved in the conception, production and distribution of this material cannot be held responsible for transactions or any financial loss or damages resulting directly or indirectly from the use or application of any concepts or information contained in or derived from this material. Past performance is not indicative of future results. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves.by BahamasX5
path of silver priceprice of silver appears to be moving positively perhaps the trend will continueby GoodTexture113