Silver ETF $SLV Larger Cycles and Elliott Wave
Silver ETF $SLV Larger Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45...
Tag: Silver
Inflation Risk Supports Gold and Silver
An increasing number of companies gave warning for supply shortage which force them to raise prices. Manufacturers and producers from various industries such as semiconductors, lumber and cotton scramble to replenish stockpiles to keep up with demand...
$SLV Silver ETF Elliott Wave and Larger Cycles
$SLV Silver ETF Elliott Wave and Larger Cycles Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 at 8.45...
This Is How You Could’ve Spotted the Start of Silver’s Price Slide
By Elliott Wave International If you’re a close observer of the metals market, you know that the price of silver has taken a tumble during the past several days. Elliott wave analysis was a big help in...
Elliott Wave View: Silver Still Consolidating Gain in 2020
Short Term Elliott Wave view suggests the rally from September 24, 2020 low in Silver ended wave ((1)) as a leading diagonal. Pullback in wave ((2)) is now in progress as a zigzag Elliott Wave structure. Down...
Elliott Wave View: Silver (XAGUSD) Correction May Extend
Short term Elliott Wave View in Silver (XAGUSD) suggests that cycle from August 7 peak is unfolding as a triple three Elliott Wave structure. In the 60 minutes chart below, the metal ended wave ((X)) ((X)) at...
Gold-to-Silver Ratio Suggests Further Upside in Precious Metals
Government and corporations around the world continue to accumulate unsustainable debt. Since it’s unthinkable for developed countries such as the United States to default on the obligation, the only way out of this situation is to continue...
AUG (Gold/Silver Ratio) Showing A Five Waves From 03.18.2020
AUG( Gold/Silver Ratio), Showing A Five Waves From 03.18.2020. The Ratio between Gold/Silver ( AUG) is a very good indicator of where the market is heading and especially the $USDX trade. The Ratio reached the extreme blue...
Elliott Wave View: Support Area for Silver
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....
$FRES : Largest Silver Producer Fresnillo Rallies Impulsively
Fresnillo plc is the world largest silver producer which has its headquarters in Mexico City. Founded 2008, incorporated in UK and traded under tickers $FRES at LSE and $FNLPF in US in form of ADRs, it is...