LongWeekly MACD and RSI deviate from the bottom, and standing on the quarterly line, it may rise rapidly at any time. The conservative goal is 85.5, the reasonable goal is 94.8, and the final goal is 101.8. Bullish.
XAUXAG trade ideas
XAUXAGa very interesting pair Gold Vs Silver this pair shows Gold is better or Silver All i See Bear On Coming days
Below 75.00-72.00-70.00 Short Gold and Buy Silver
Goal 46.00 then final drop to below 20.00
XAUXAG - Symmetric triangleXAUXAG is consolidating in a symmetric triangle around the 2016-2017 correction zone. The symmetric triangle is a continuation pattern.
When it breaks we are
When it breaks we are going to test 56,8 and later 50,3.
The measured target of the symmetric triangle is around 42.
If gold rallies to 2300-2400$ and the XAUXAG drops to 42 at the same time silver will rally above 50$.
LongGold / silver ratio, weekly MACD and RSI deviate from the bottom, and will soon be golden fork, starting to accelerate the rise next week. But it's not clear whether gold is rising more or silver is falling more. I hope that silver can fall by a large margin, because silver may rise explosively in the future.
XAUXAG 1DAY BULLISH CRABHi all,
That is not investment advice
Gartley has already been converted crab
Inverse cup and handle 60.874
Trade with care ht.
Gold/Silver ratio bullish on weekly chartPin bar spotted on the weekly chart.
Gold will follow silver up?
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
Gold versus silver?@mann456 wrote:
Only if the reddit thing could push it maybe something out of TA zone
But buy gold sell silver is overdue
which means when gold kicks off fast silver will be slow
Not shorting silver but buying more of gold than silver as the gold /silver ration has gold at the upper hand.
From Silver To Gold* If you pull fibo from 11 May 2011 to 9 March 2020 summit
The 5-wave A drop at 0.382 seems over.
* Then we completed the A rise and B decline.
* C rise will be up to 101,700 either double bottom
Or the critical the level of 93.780 will be completed there.
My expectations are in this direction.
GOLD and SILVER - Interesting Combination!XAUXAG is sitting around a strong support and round number 70.0 so we will be looking for buy setups on lower timeframes. unles price breaks the green zone downward aggressively, then a bearish movement would be expected.
For XAUXAG to go up, there are three scenarios:
1- GOLD UP, and SILVER DOWN (best case scenario)
2- GOLD UP, and SILVER UP but with Gold moving up more aggressively.
3- GOLD DOWN, and SILVER DOWN but with Silver moving down more aggressively.
How to trade it?
Well it depends on your trading style/plan. but here is what I am waiting for as per my trading plan:
ON H4: XAUXAG formed a valid channel in red so we are waiting for a new swing high to form around the upper trendline to consider it our trigger swing and buy on its break upward.
The stop loss goes below the last swing low, and we always target double our stop loss size to have an edge over the market.
Meanwhile, until the buy is activated, XAUXAG would be overall bearish and can still break the green zone downward.
Good luck!
Skyrocket boomHow much price of XAUXAG (Silver) might go this year of 2021?
Hello guys! I hope your doing great today.This gonnah be your's one. In this article I'm going to explain the chart movement for silver!
Is this real that the silver might going to hit $30 for every OZ. Literally, making us to think high. Right!
How much does it going to grow up by 2021-2022 and by when the movement starts to rise above the resistance level..
According to our strategy by the end of month Jan-Feb 2021 the price of silver tends to move above like an gold it may hit high as boom..
Now,Coming to this chart.. OANDA:XAUXAG
The price consolidation occurs on 19 Sep'14 to 29 Jun'16..
Target sell value is literally up to 68.547(Silver value) and it possible to go up to 38.2% FIB ANDA:XAUXAG
XAUXAG - Shining throughThe multi year trendline was broken this summer .
The drop broke below 69 at the end of August. On the daily chart I was waiting for the tag of the 200 SMA it never happened though.
That's why I suggested to short silver this autumn. But XAUXAG was so week in the previous 4 months that it was only able to back test the multi year trendline and the 200 SMA on the weekly chart and now it's heading lower again. So silvernot really dropped when gold was in the decline mode weeks ago.
So what does it mean?
You already know what is my take on gold in the following few months.
I think gold is going to break the summer high and will rally to 2400.
If I'm right and the XAUXAG is breaking down silver will print a legendary rally during the next few months.
This summer we broke below 69.
69 is already close to the 2016-17 correction zone (64,5-67,5) As we turned down immediately from the weekly 200 SMA - and the trendline - in 2020 September I need to assume that the whole correction this autumn was only a bear flag what broke down:
... and we will take out 69 and 64 too...
After 64 the next level to be tested is 56,8.
If I'm right and gold is going to 2400 $ next year a minimum target for silver is 37,5$ if XAUXAG tests 64. In the case XAUXAG drops further to 56,8 the price of silver will hit 42$ what is a 60% rally from here...
GOLD / SILVER XAUXAG 1 DAY BULLISH GARTLEYHi all,
That is not investment advise,
gold / silver ratio price action working on gartley harmonic pattern
1.414BC --> 72.672
AB=CD ---> 72.569
0.786XA --> 72. 409
Under 1.0XA Stoploss ---> Under 68.8 ---> invalidation level
If 1.0XA breaks gartley will convert crab harmonic
TP1 --> 77.414
TP2 --> 80.512
Trade with care
ht.
Gold/Silver viewPossible Gold strengthening over silver.
Keeping an close eye on a breakout.
Strategy to trade is MUST.
Trade with caution.
ONLY FOR EDUCATIONAL PURPOSE.
Gold vs Silver Ratio and VolatiltyFinally, to remove noise, I added a 8 week moving average to the $gld vs $slv volatility indexes. Guess what? I saw a strange resemblance to the gold vs silver ratio! Could still be some more room down... good for gold and silver.
Multiple Time Frame AnalysisUsing gold vs silver ratio and a simple moving average, Japanese candles and MACD to demonstrate the relationship between time frames, and how to understand the shifts in trends. See the ripples of smaller time frames confront counter waves on higher time frames, which can eventually decide the battlefield winner!
Bullish for Precious MetalsGold vs silver ratio heading back downwards. Silver will react positively. $vix is also deflating, as $dxy (similar charts in structure. Looking for a continuation move to 72.50.
