previous support is no longerCOMEX:SIH2024 previous support is no longer valid. New sentiment - LONG (use in combination with your own technical analysis)Longby ClashChartsTeam1
Silver like gold has two possibilitiesHello there! I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market. Although I want to share my analysis with you, I want to emphasize that I do not provide buy or sell signals. My main intention is to share my unbiased analysis so that you can use it as a guide to make informed decisions. To build your confidence in my analysis, I always share my previous analysis of the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis will be helpful in your trading journey and wish you all the best. Sincerely, Longby mehdi47abbasi792212
Reasonable support detectedReasonable support detected. Importantly, this portfolio was built before today's downturn began. Shortby ClashChartsTeam113
thought on silver based on the bolinger band price is at the higher band, if it close outside the band its indicate the continuation of the trend is very likely to continueLongby milzart3
#1 Breaking News Event - - Silver is the best example of the rocket booster strategy -- In this video, we are digesting what is happening in the news --Also you need to see the resistance level of silver in this video --No strategy is perfect always remember that --Remember to do your own research --Inside this video, you will see a 6-month momentum of silver. -- You need to understand that an event is going to happen -- The position of silver is showing you a "safe bet" in the trading psychology Rocket boost this content to learn more. Disclaimer:Do not buy or sell anything i recommend to you do your own research before you buy or sell anything in trading.Long18:50by lubosi2
Can SILVER GOES FOR 84000?This is only for to add in your watchlist, may be its probability to goes up..... May its touch to 84000 or plus..by StocksWatchlist2
Silver COMEX Futures in Wave C3-P3 UPMy price target for Silver is a conservative 1.62 * P1 extension, at $106.Longby CryptoWaves0
Silver Short TradeSilver trading at high levels. High Reward Risk trade availableShortby GulshanSachdev1
Silver Fomo.Zero #Fomo For #Silver Right Now. Zero. distance from 36 month moving averageby Badcharts119
Buy March silver 24.07 on stop, if filled, sell stop at 22.98, Buy March silver 24.07 on stop, if filled, sell stop at 22.98, tgt 25.18Longby Cannon-TradingUpdated 4
Silver on the Verge of a Break-Out!Silver prices are experiencing a robust rally as market sentiment anticipates a slower consumer pace and weakened economic growth heading into the new year. The precious metal, often sought as a safe haven during times of economic uncertainty, is gaining traction as investors navigate an environment marked by concerns about a sluggish consumer and broader economic challenges. Adding strength to the silver market is the recent movement in interest rate yields. The CME FedWatch tool indicates a 50% probability of an interest rate cut in May, with expectations further increasing to a 75% chance of a cut by June. This underscores the market's anticipation of accommodative monetary policy measures to ease financial conditions, further supporting risk assets. In addition to interest rate dynamics, the silver market is closely eyeing industrial data from China. Stronger-than-expected data from the world's largest consumer of metals could serve as a positive catalyst for silver prices in the near term. Crucial for silver's trajectory is the “Major Overhead Resistance” pocket ranging between 25.25-25.63. Traders will look to a break and close above this level, as it would be essential for the precious metal to re-test its 52-week high. As the silver market has begun to move swiftly to the upside, a faster moving average can be used as a support level. A break and close below the 21 Day EMA could indicate slowing price action and consolidation, before a trend is found. Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures1
Is this Silver breakout for real?One of the most widely discussed precious metals that has been a sleeper all year (-2.5 %) looks like it is finally waking up again. Silver futures have oftentimes been at the forefront of controversy after multiple failed short squeezes and a series of lower highs and lower lows. Traders often remember the good old days when prices exploded to $50 only to see prices erode to bargain basement prices at $11.76 during the 2020 Covid pandemic. Traders will want to use these two points of reference and draw a wedge pattern that leads us to where we are today, attacking the upper boundary line. Looking at the Silver Chart Silver has delivered a near-perfect breakout, with prices consolidating at the 200 DMA at $23.79 and could extend to the $25 level (August highs). Traders will want to use $23.25 as their first significant level of support, followed by the 50 DMA at $22.91 and $22.45 as your trend reversal point. Potential Chinese Stimulus We expect that once an economic recovery occurs in China, futures will again test $28-30. Given the sharp rise in prices this week, we recommend not chasing this rally and waiting for prices to trade back into the low $23s before gaining exposure. Advanced traders could consider using short-dated call options to maintain exposure. www.tradingview.com CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs Disclaimers *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.Longby Phil_Blue_Line3
SILVER... SOON BREAKOUT Hello Guys, When trendlines on a chart come closer and meet, forming a triangle, it suggests a period of price consolidation. Watch for a potential breakout, indicating a new market trend. BREAKOUT COULD BE UPSIDE OR DOWNSIDE. It's advisable to wait for the price to reach the right level before making any trading decisions. I will share the level as soon I get the confirmationby Shalvisharma5Updated 115
Silver 15min Setup Looks good for buy from marked OB, price can give bounce from here.Longby albii_senpai2
silver 4h setup positional buysilver have taken support from the buyside OB expecting price to hit swing high and give break of structure.Longby albii_senpai0
50% of prior wick entry long on silver and goldtarget the 50% line of the highest wick a FVG entry also confirms that we are in a good spot to buy more metalsLongby responsibletrad8r0
Mcx silver viewMcx silver currently standing on a strong bullish trend,n if continue wil achieve 75000+ soon. On the other hand if market breaks below as shown in image, will down for 71500. by ktra_commodities0
Silver Future Prediction - 17.11.2023 - Trading Marcos LevelsSilver MCX Future - November Intraday Trend Analysis for 17.11.2023 Buy at: 73085.35 with Target 1 - 74443.35 and Target 2 - 75113 Add additional position at: 72878.5, Sell at: 72671.65 with Target 1 - 72276.65 and Target2 - 71607, Stoploss: Buy Position SL: 72650 Sale Position SL: 74000 This Silver MCX Future analysis is for educational purposes and one should attempt a paper trade on the below mentioned levels for an Intraday Range of 1753 Points on 17.11.2023 by NumroTrader3
Top 3 Trades today for TrendCloudHere are the top 3 trades that we took today in the live trading room. Micro Gold Micro Silver Micro S&P We used the retest of the opening range to enter the trade and used TrendCloud to map out the price action. Short07:38by thechrisjuliano222
Sell Dec. Silver 22.330 on stop, if filled 23.510 stop and 21.23Sell Dec. Silver 22.330 on stop, if filled 23.510 stop and 21.230 tgt trade confirmedShortby Cannon-TradingUpdated 224
Waiting for Silver. This idea uses Wyckoff theory, Dao Theory and modified Fibonacci. Currently sitting at a range, prices are being pushed down to a better buying zone before takeoff. Sold at the -0.383 level shown and it's looking for its proportionate "mirror image" at the 0.382. If prices move below the 0.5 level this idea should be recalibrated. The price is moving a bit up and was bought just before the 0.236 level at 22.49. It didn't really touched that level and that usually happens when price is going lower still. At the moment sit tight and wait for a better entry price at 22.175. Longby drportaUpdated 4
SILVER 21.250$ !Silver is going to continue downtrend to 21.250$. After testing this level we will review price chart to get next signal. Follow To Get Next Signals. Shortby Trader_Manager2
#Silver is asleep until it wakes up.#Silver is asleep until it wakes up. july 2020 clean break above 18.65$ expect next clean break above 26.25$Longby Badcharts4