Silver / U.S. Dollar
Silver is special as it is both an industrial and precious metal. So, let’s look at Silver from both points of view to identify what seems to be dimming the shine on this metal. As a precious metal, we can compare silver with the dollar and yield as both affect the demand for precious metals. Dollar and silver are generally negatively correlated, with a stronger...
Silver has completed minor wave B, bouncing off the 0.786 Fibonacci level on Monday, August 22. We should now be in minor wave C. There are a few possible highly clustered targets for wave C. 21.560: the minimum target. This is where wave C would equal wave A. 21.635: the 0.382 Fibonacci level. 22.565: the minor wave 4 extreme. 22.755: the 0.5...
Are you feeling paralyzed by the silver price action? See how I removed noise by adding additional evidence. #silver #gold #spx #fintwit #northstarbadcharts
Gold vs Silver ratio breaking down on 4 hour chart. Game on! #fintwit #gold #silver
One of the most dangerous things about what is going on in the world today, and thereby the markets, is that the middle and lower classes of society are being directly targeted. There are different forms that the Marxist principle of "Redistribution of Wealth" takes. Decades ago, it took the form of the "scum of society" being mobilized by the Communist Party...
Silver's commitment of traders review. Total non-reporting small speculator longs are in an area where bottoms can be formed. Still, need to wait for the actual breakout on the silver chart.
I like to move it, move it, I like to move it, move it, I like to move it, move it, We like to move it ! You were bouncing along – admit it! Silver, at any rate, is shaking its booty to the beat, while continuing to move upwards. It should keep up the party mood and hop above the resistance at $20.84 to enter the upper turquoise zone between $20.94 and $22.42,...
Confirmed breakdown for #bitcoin vs #silver. One more support line to go...
8.22.22 It's important to think like a buyer and the seller all the time. You need to be aware of support and resistance. This is follow up on oil from earlier today, and silver that was posted yesterday.
Just a fun doom and gloom chart for various assets
In this update we review the recent price action in the Silver futures contract and identify the next high probability trading pattern and price objectives to target
A great pattern is developing. If you want to be in at the low...now is the time to buy.!!!!!!
The silver chart is forming triangle pattern that have potential to go down. RSI is also indicating the reverse sign. Now I am waiting only lower time frame bearish pattern to enter this trade.
Who else is noticing silver's fractal move playing out like the March 2020 turn around? Who else remembers the melt-up move following that turn around? #fintwit #silver
COMEX:SI1! 👉 1. Price goes ABOVE the selected range on the picture. Long positions to activate. 👉 2. Price goes BELOW the selected range. below. Short positions to activate. ⚠️ Important Notes: 1. Follow your risk management rules. 2. Timeframes: up to H4
Silver is currently in subminuette wave 5 of minuette wave 3 down. After finishing minute wave A, silver should experience a tiny rally during minute wave B.
The price of silver retreated from yesterday's high of $20.83 to this morning's low of $20.35. We now have support there, and we could rise above the $20.50 level again. Then we would have a chance to visit the $20.75 level once again and try to move on to $21.00, the next higher target. For a bearish option, we need a negative consolidation and pullback of prices...
Silver has finished minor wave A up and is starting minor wave B down. Minor wave B will most likely take the form of a zigzag.