Silver - Bulls have a setup for another final push higher We can count silver as completing the second leg up in a large A up, B down, C up structure off the major pandemic low. The second leg up in a wave C normally stretches to at least 100% ext of the wave A up and is normally subdivided into five micro waves.
I think bulls should produce the final wave (v) up targeting the Red Box
SLV
Silver - Another Textbook Trade For 2025!Silver ( TVC:SILVER ) is again approaching strong support:
Click chart above to see the detailed analysis👆🏻
Silver has now been consolidating for more than 6 months and is slowly but steadily approaching the previous horizontal support. Another retest would perfectly match with the overall bullish trend, the rising channel formation, as well as the fact that Silver will soon catch up with Gold.
Levels to watch: $27.0, $34.0
Keep your long term vision,
Philip (BasicTrading)
Gold vs. Silver: Is the Ratio Signaling a Major ShiftIntroduction:
Precious metals are displaying promising price action, warranting a closer look at the gold AMEX:GLD to silver AMEX:SLV ratio. This ratio provides valuable insights during bull markets:
Bullish Silver: In a strong bull market, silver typically outperforms gold, causing the ratio to decline.
Gold Leading: Recently, gold has taken the lead, advancing in a corrective rally, but there are signs this could change.
Analysis:
Inverted Saucer Formation: On the gold-to-silver ratio chart, a large inverted saucer formation is emerging. This bearish pattern indicates a potential breakdown below key support levels, signaling silver’s outperformance in the months ahead.
What to Watch:
A confirmed breakdown of support in this ratio could signal a major shift in favor of silver.
If silver outperforms, prices could surge to retest its 2011 highs of $48-$50 next year.
Gold Outlook: Despite the shift in favor of silver, gold remains bullish. A breakout could target significant upside, with price projections of $3,300-$3,400.
Trade Setup:
Silver Bullish Setup:
Trigger: A breakdown in the gold-to-silver ratio, confirming silver’s relative strength.
Target: SLV retesting $48-$50.
Stop Loss: Manage risk by placing stops near recent support levels in silver.
Gold Bullish Setup:
Gold continues to show strength, targeting $3,300-$3,400. Monitor for breakouts in gold prices alongside silver’s potential surge.
Conclusion:
The precious metals setup looks increasingly bullish. The gold-to-silver ratio is hinting at a shift toward silver outperformance, a hallmark of true bull markets. If this scenario plays out, silver could retest its 2011 highs, while gold targets new all-time highs. This is a chart and setup worth keeping a close eye on in the coming months. Which metal do you think will lead the charge? Share your thoughts below!
Charts:
(Include charts showing the gold-to-silver ratio with the inverted saucer formation, key support levels, and projected breakdown targets. Add gold and silver price charts highlighting bullish setups.)
Tags: #Gold #Silver #PreciousMetals #GLD #SLV #BullMarket #TechnicalAnalysis #TradingIdeas
$50 Silver"Decade of zero returns" for the stock market = Shortening Bear Market for Commodities
Price target = $50
Fractal backbone + Room in technicals for such move.
Price target was established in June 2021.
Time frame pushed up in anticipation of 2023 bear.
Metals & Miners Are About To EXPLODE HIGHER (50%-100%+)Please don't miss this opportunity.
I've been studying the metals charts, and last weekend, the SILJ chart caught my attention.
I started looking at longer intervals (Weekly and Monthly) to see what I could find.
XME and SILJ are showing excellent Inverted Excess Phase Peak patterns that may resolve as a breakaway upward price trend over the next 8 to 24+ months - sending both XME and SILJ over 40-50% higher at a minimum.
This sounds crazy, but Metals and Miners are probably the best opportunities for swing position trading right now as hedge investments and/or very long-term options play.
There is nothing else out there that has a 100-200% rally potential and the ability to hedge against global risk factors.
I believe SILJ, XME, Gold, Silver, & Platinum will likely be HUGE WINNERS over the next 12-24+ months.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
GOLD & SILVER Attempt To Break Higher - Moving Into EEP #3Gold and Silver attempt to break upward, moving away from the larger EPP Phase #2 (consolidation/FLAGGING) setup.
If my research is correct, we'll see a very strong rally setting up in Gold/Silver over the next 2-4+ hours - likely see GOLD rallying up to $2720+ and SILVER rallying up to $32.50-$33.
Get ready. This could be a very strong rally phase targeting new all-time highs over the next 15+ days.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Attempting to Time The Next Gold Rally (FPT & EPP Analysis)This video attempts to show you how to use Fibonacci Price Theory (FPT) and the Excess Phase Peak (EPP) patterns to attempt to time/estimate the next big Rally in Gold/Silver.
This is more of an educational video as timing market moves accurately is nearly impossible (IMO).
Some techniques (such as predictive modeling or other types of price pattern analysis) can help us estimate when the markets may make a big move, but they are still only about 55% to 75% accurate in most cases.
I've found the best solution is to more clearly identify price support/resistance using FPT and the EPP pattern to attempt to determine what stage of the EPP pattern price is currently in and how that relates to FPT short-, intermediate-, and long-term price structures.
In my mind, using price as the core element of my analysis eliminates the potential of getting confused by technical indicators and other data.
Price is the ultimate tool when attempting to trade or analyze the charts.
This video is designed to help you understand how to use the two techniques/theories (FPT & EPP) I teach to better understand price setups/trends/opportunities.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Understanding Gold Panic Selling Reactions BetterThis video is designed to help you better understand how Gold works as a hedge instrument and how to attempt to measure Panic Selling phases in Precious Metals.
Metals offer an incredible opportunity when Panic Selling hits. But it can also present some very real risks because of price volatility.
Panic selling in the markets is usually an event-driven sell-off in almost all markets (including metals).
This type of selling is usually related to traders pulling assets (CASH) away from all market sectors because of some crisis or geopolitical event. It is a way for traders to react to the fear of the event while sometimes ignoring how metals will react to the future revaluation event.
Yet, who wants to hold Gold when it may fall 8.5% to 15% throughout this panic selling process?
If you learn how to spot the base/bottom efficiently (using my Excess Phase Peak patterns), you'll be able to pinpoint some incredible opportunities in metals.
I hope this video helps you to understand exactly how these Panic Selling events unfold - and lear to spot/trade them more efficiently.
The reality of the current market environment is that the Trump win is the event (call it a crisis or not - I don't care). This event is causing markets to revalue current asset classes (notice the strength of the US Dollar since Election Day).
I believe this revaluation event is nearly over and prices will begin to adjust into what I'm calling my "Anomaly Event" - where price levels settle back into a reversion (normal) type of contraction event before moving into a late-stage Santa Rally.
If I'm right, we'll see a base/bottom in metals happen after November 15-19, 2024.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold & Silver Struggling To Break Away From Consolidation PhaseI created this video to highlight why I believe Gold & Silver could stay within a very wide consolidation range until after November 7~10 as the US markets enter a SHOCK phase after the elections.
Yes, I believe Gold & Silver will ultimately rally much higher, but my weekend research suggests the US & Global markets will stay in a low liquidity phase for about 7 to 10+ days after the election and I believe THAT is the reason why Gold & Silver will appear TRAPPED in a sideways price range.
Ultimately, we'll see what happens with Gold and Silver and if my research is correct or not. I just wanted to alert traders that Gold/Silver and other metals/miners appear to be trapped in a price anomaly event over the next 10+ days that suggests metals will fall downward, trade within a sideways price range, and attempt to move out of that range after November 11.
Let's see how it plays out.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold & Silver Enter Phase #3 of the Excess Phase Peak PatternGet ready. Both Gold & Silver have moved into Phase #3 of the Excess Phase Peak Pattern - suggesting Gold & Silver will consolidate briefly before either attempting to break downward toward an ultimate low or revert higher, trying to take out the recent highs.
I estimate that Gold and Silver will break downward as fear and panic settle into the market ahead of the US elections.
If you've been following my research for the past 4+ weeks, you already know I predicted this move nearly a month ago, and now we are seeing Gold and Silver roll strongly to the downside.
What is interesting is that they both set up excess phase peak patterns. Gold set up a very quick Phase #1 & #2 (flagging) pattern, whereas Silver's #1 & #2 setup took much longer.
I believe Silver is leading the markets a bit right now throughout this Excess Phase Peak pattern.
If my research is correct, Gold and Silver will break downward over the next 4+ days to identify a substantially lower low - the Ultimate low.
After that, Gold and Silver will base/bottom and move into a very strong recovery phase.
Are you ready for market opportunities over the next 5+ years? Follow my research/videos to learn how you can capitalize on these big moves.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Gold Builds Base : Look For Support Below $2650 For LongsMy research shows Gold will make another big move upward over the next 10-15+ days - targeting $2740-2750. But first, Gold will attempt to base/bottom near or below $2650 over the next two trading days.
My research suggests Oct 3 and Oct 4 will likely be the start of a rally phase for Gold targeting the $2750 level by Oct 14-15.
I believe traders should attempt to look for long entries below $2645-2655 and view any move below $2640 as a deep low opportunity.
Gold is still hedging the global risk factors at play throughout the world and will attempt to move above $3050 before the end of 2024.
Get ready. This is the start of the big rally phase I've been warning you about for the past 3-4+ years.
Everything I suggested would happen is taking place right now. You just have to be able to take the trades to benefit from these moves.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Is Silver in the middle of a extended Wave (5)?What Is a Wave 5 Extension?
When both Wave 1 and Wave 3 have moved in a fairly standard fashion, traders often expect Wave 5 to be where we see the extension. Wave 5 extensions in commodities occur when the final leg of a price movement stretches out longer than anticipated. These tend to happen because momentum lags, but optimism still remains high, particularly among retail traders who are often late to the party.
The current graph of Silver is a perfect Elliott Wave impulse, that will be used in the history books.
Are we correct in predicting that there is a high change that Wave 5 extends? That it could be between 100% up to162% of Wave 1, projected from Wave 4.
Will Silver go to 34.32 - 42.54 before the end of the year?
GOLD Makes A Big Move Targeting $2720Even though my Gold Cycle Patterns suggested Gold would consolidate a bit in early trading this week, the big breakout move today shows just how undervalued Gold really is.
Yes, my Gold Cycle Patterns did not predict this upward price move clearly.
This is an example where my patterns/expectations did not match exactly what price did. it happens.
You could say my expectations were a bit behind the trend or the trend was a bit ahead of my expectations - but either way this move surprised me.
Clearly, gold is making a big move and my upper target is 2710-2720.
Today's move will likely stall out near 2685, then contract to levels near 2670-2675.
Remember, Gold really wants to rally up to 2710-2720+. So, you have quite a bit of time to play this move efficiently.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SILVER | THE BIGGEST CUP & HANDLE OF ALL TIME!Apple’s Cup and Handle pattern in the early 2000s is often cited as one of the most significant. After a prolonged downtrend, Apple formed a large cup with a handle from 2000 to 2005, which, after breaking out, has continued to appreciate to this very day. However, Apple's pattern is nothing compared to the current Cup & Handle pattern that exists in silver, whether in size or price.
I truly believe that silver is currently the most undervalued asset and will not only attain higher prices than most can imagine but will also rapidly begin to appreciate against gold, which currently has a ratio of 83.75 to 1. This ratio is irrational and unsustainable, as gold and silver are typically mined at a ratio of around 10 to 1. Even current U.S. Treasury Mint coins—Silver Eagles and Gold Eagles—have a current exchange rate of 50 to 1 at face value. Historically, under the gold standard and the Coinage Act of 1834, the ratio was set at 16 to 1.
Although this will not happen overnight and could take a decade or more to come to fruition, the unnatural and irrationally low price of silver is coming to an end. The overinflated gold-to-silver ratio will continue to fall as price manipulation ends and true price discovery begins.